Alibaba Group Appears to Have Multiple, Multi-Year Growth Drivers -- Market Talk
DJ Alibaba Group Appears to Have Multiple, Multi-Year Growth Drivers -- Market Talk0506 GMT - Alibaba Group likely has multiple growth drivers in coming years, Jefferies says. The e-commerce giant's c
Alibaba posts quarterly profit lifted by E-commerce and cloud computing
Revenue for the Chinese tech giant rose to 205.74 Chinese yuan, or about $31.9 billion. A year efffarlier, Alibaba's revenue in 2020s June-ending quarter was 153.75 billion yuan.
UPDATE 1-Alibaba's quarterly revenue jumps 34%
(Adds Ant Group profit) Aug 3 (Reuters) - China's Alibaba Group Holding Ltd reported a 34% rise in quarterly revenue on Tuesday, helped by growth at its cloud computing and e-commerce busines
Xiaomi Advances in Fortune Global 500 Ranking
$XIAOMI-W(01810.HK)$ moved up 84 notches to 338th place in this year's Fortune Global 500 ranking, according to Fortune magazine's updated list published Monday.The Chinese consumer electronics giant
G Sachs: BABA-SW 1FQ Non-GAAP EPS Beats; Expanded Shr-buyback Shows Long-term Confidence
BABA-SW (09988.HK) announced the results for the first fiscal quarter in FY22 with its non-GAAP EPS rising 12% YoY, beating the previous estimates of Goldman Sachs and the market consensus by 4% and 1
Hong Kong Hang Seng declines 0.2%
The Hong Kong Hang Seng Index opened lower Tuesday and could not recover, finishing down 0.2%.
Alibaba earnings preview: Here's what you need to know
For Q1, the Street expects Alibaba to report adjusted EPS of $2.24 and revenues of $33.50 billion.
HSTI Steepens Fall to 3.4%; Tencent/ Bilibili/ NetEase Slip 9.6-14%
HSTI stumbled 3.4% to last at 6,565, while Nasdaq Composite inched up last night.Almost all HSTI constituents were not immune from the plunge. TENCENT (00700.HK) nosedived 9.6% to $429.4. NTES-S (0999
Hong Kong stocks rebound; Evergrande shares surge 8% on $418 million disposal
Hong Kong stocks bounced back Monday from the previous session's losses. The Hang Seng Index rose 1.1%, or 274.77 points, to finish at 26,325.80, rebounding from Friday's 1.4% drop.
Hong Kong's economic recovery loses steam in Q2, missing estimates
Hong Kong's economy continued to rebound in the second quarter of the year, albeit at a softer pace versus the first quarter, to early estimates from the Census and Statistics Department on Friday.