Alibaba Hong Kong shares experienced a correction. Can today's performance boost confidence?
Are you optimistic about Ali's financial report tonight?
Although Alibaba's US shares retreated slightly last night, they were also resilient - closing down 1.44%, and recovered most of the losses after hours. In this round of rebound, Alibaba US shares also rose more than 23%.
Gradually recover all businesses, reduce costs and increase efficiency or boost profit release![]()
$UBS Group(UBS.US$ recently released a report saying that it is expected that online consumption in the mainland may be slightly better than market expectations this time, and the platform profit margin may still unexpectedly rise;
$Sealand(000750.SZ$ said that the core e-commerce improved month on month, and cost reduction and efficiency increase boosted profit release.
The "battle record" of Double 11 is very good. The agency said that the pressure on valuation is gradually easing![]()
According to official data, in 2022, the transaction scale of Tmall's Double 11 will remain unchanged year on year, ranking first among the comprehensive e-commerce platforms of Double 11. Therefore, the performance of the next fiscal quarter may have a supporting point.
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