Alibaba Set on Growth Path After Divesting Bricks-and-mortar Retailing Assets: Analysts
Goldman Sachs: Assigns a "Buy" rating to Alibaba-W (09988) with a Target Price of HKD 131.
The bank believes that the company's announced divestiture of non-core offline retail Assets aligns with management's ongoing focus on core Business (i.e., E-Commerce and cloud Business) and enhances Shareholder returns through the Global Strategy.
Apple Rival Huawei, Alibaba And Others Get Boost As China Doles Out Subsidies To Smartphone Buyers
Who will be China's richest person in ten years? Kunlun Tech's Zhou Yahui: It will be among Zhang Yiming, Lei Jun, and Wang Xing.
Sina Technology reported on January 3rd that Zhou Yahui, founder of Kunlun Tech, released the first article in his series of personal investment notes for 2025, discussing the social structure of the robotic era. He pointed out that based on an understanding of the cycles of technological revolution, he has always believed that, "Only after 2030 will we gradually realize General AI (AGI)." What marks the era of AGI? It is when robots begin to truly enter human society and integrate into various aspects of people's work and lives, which will happen in 2030." Zhou Yahui stated that he has never changed this timeline, "The AGI era can also be...
Hong Kong stock movement | Alibaba-W (09988) rose more than 2% during the session. Morgan Stanley expects the group's complete sale of SUNART RETAIL will enhance shareholder returns by the end of the year.
Alibaba-W (09988) rose over 2% during the session, and as of the time of writing, it has increased by 2.34%, priced at 83.2 Hong Kong dollars, with a trading volume of 1.252 billion Hong Kong dollars.
Hong Kong stocks' movement | SUNART RETAIL (06808) continues to drop over 5%. Yesterday, it once plummeted by 30% due to Alibaba's discounted clearance.
SUNART RETAIL (06808) continues to drop over 5%, with the stock having plummeted by 30% at one point yesterday. As of the time of writing, it has fallen by 5.05%, trading at 1.88 HKD, with a turnover of 9.184 million HKD.
Alibaba spent $39.9889 million to repurchase 3.7704 million shares on December 31.
Alibaba-W (09988) announced that on December 31, 2024, the company spent 39.9889 million USD to repurchase 3.7704 million shares.
Alibaba Group Repurchases $1.3 Billion in Shares in December 2024 Quarter
Hong Kong stock market morning report on January 3: GTJA's merger application with HAITONG SEC will be discussed next week. Institutions expect that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025.
① PwC predicts that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025. ② GTJA's merger application with HAITONG SEC will be discussed next week. ③ Alibaba's buyback plan still has a remaining quota of 20.7 billion US dollars. ④ Last November, Hong Kong's retail sales volume decreased by 8.3% year-on-year.
Top Gap Ups and Downs on Thursday: TSLA, NVO, HSBC and More
U.S. stocks closed: the S&P and Nasdaq recorded five consecutive daily losses while Small Cap stocks saw a surge in speculative trading.
① The three major Index opened high but closed low, with the S&P and Nasdaq recording a decline for the fifth consecutive day; ② Tesla's annual delivery data has decreased for the first time in over a decade; ③ USA AI Nuclear Power Concept stocks secured a government L of 1 billion dollars; ④ "Roaring Kitty" leads the way, Small Cap thematic concept stocks gained hype.
Alibaba Options Spot-On: On January 2nd, 150.09K Contracts Were Traded, With 2.65 Million Open Interest
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Gelonghui Announcement Selection (Hong Kong Stock) | Alibaba-W (09988.HK) still has 20.7 billion USD repurchase quota remaining under the share repurchase plan.
【Today's Focus】Alibaba-W (09988.HK) still has a buyback capacity of 20.7 billion USD under its share repurchase plan. Alibaba-W (09988.HK) announced that, as of the quarter ending December 31, 2024, the company repurchased a total of 0.119 billion shares of common stock at a total price of 1.3 billion USD (equivalent to 15 million American depositary shares). These repurchases were conducted in the US market under the company's share repurchase plan. As of December 31, 2024, the company had 18.517 billion shares of common stock in circulation (equivalent to 2.315 billion American depositary shares). Compared to 20.
Morgan Stanley Maintains Alibaba(BABA.US) With Hold Rating, Maintains Target Price $105
Alibaba-W (09988.HK) spent $39.99 million to buy back 3.77 million shares on December 31.
On January 2, Gelonghui reported that Alibaba-W (09988.HK) announced the repurchase of 3.77 million shares at the cost of 39.99 million USD on December 31.
Alibaba Group Holding's Subsidiaries to Dispose Of 78.70% Stake in Sun Art
Stocks to Watch Thursday: Tesla, Nvidia, Alibaba -- WSJ
Alibaba Sells $1.58 Billion Stake In Sun Art Retail, Refocusing On Core E-Commerce Strategy
CNBC Daily Open: S&P Soared in 2024 Even as It Ended the Year Sluggish