09988 BABA-SW
- 73.400
- -0.800-1.08%
BABA-SW News
BEST Inc. Enters Into Definitive Agreement for "Going Private" Transaction
HANGZHOU, China, June 20, 2024 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China and Southea
Market Chatter: JD.com, Xiaomi, Alibaba Record High Sales During 618 Festival
Online shopping platforms in China logged high sales during the 618 shopping festival, Yicai Global reported Wednesday. The number of orders receive by JD.com's (HKG:9618) livestreaming platform tripl
[Exclusive Big V] Deng Shengxing: The tension in the Middle East continues, and the oil price has reached a seven-week high.
Jingu financial news | The Hang Seng index closed at 18430 on Wednesday (19th), up 514 points or 2.9%. The total daily turnover of the market was 112.758 billion yuan. The national index rose 219 points or 3.5% to 6587; the Science and Technology index rose 135 points or 3.7% to 3832. The overall blue chips were good, with only two blue chips down for the whole day. Tencent (00700) rose 3.2%; Alibaba (09988) rose 2.9%; Hong Kong Stock Exchange (00388) rose 2.8%; the overall automobile stocks were good. Geely (00175) rose 3.9%; Chang'an (02333) rose 4.8%; Dow Jones on Wednesday (19th)
Hong Kong Shares Rebound 2.9% Amid Positive Sentiment
Hong Kong's Hang Seng Index extended early gains to close 2.9% higher at 18430.39. There could be some optimism among investors that more may be done by the Chinese authorities in 2H, IG market strate
Brokerage Focus: CMB International points out that China's internet-related performance in the first quarter as well as industry performance are in line with expectations. Pay attention to three main lines when selecting stocks.
Zhaojin Financial News | CICC International stated that in the review of the performance and industry 1Q24 results of China's Internet sector since the beginning of the year, the Internet sector has retreated to some extent after a relatively rapid rise under the boost of emotional improvement and short-term capital inflows, which is in line with the bank's previous expectations. From the perspective of stock selection throughout the year, with the interest rate cut trading not yet trending, and with liquidity still tight, the bank recommends selecting stocks around three main lines:
Institutional Investor announced the selection of 2024, Tencent, Kwai and Alibaba ranked top three in Asia's most respected internet-related enterprises.
Institutional Investor announced the selection of 2024, Tencent, Kwai and Alibaba ranked top three in Asia's most respected internet-related enterprises.
Alibaba Options Spot-On: On June 18th, 106.13K Contracts Were Traded, With 3.09 Million Open Interest
On June 18th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 106.13K options for the day, of which put options accounted for 31.52% of the total transactions, and cal
Unusual Options Activity: BABA, LCID and Others Attract Market Bets, BABA V/OI Ratio Reaches 87.0
EST Jun 18th Closing Delivery - In the last three hours of trading, 8 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends
Alibaba-Backed Xreal Launches Android Mobile Device for AR Glasses
Alibaba-backed (BABA) startup Xreal launched Tuesday an Android mobile companion device for its augmented reality, or AR, glasses. The Xreal Beam Pro comes with Alphabet's (GOOG) Google Play Store app
Market Chatter: Alibaba, Xiaohongshu See Growth in 618 Shopping Festival
Alibaba Group Holding (HKG:9988) and Xiaohongshu have registered growth during the 618 midyear online shopping bonanza, the South China Morning Post reported Saturday. Alibaba's Taobao and Tmall said
618 e-commerce results: Tmall home appliance transaction volume and growth rate ranked first.
This year's June 18th, with major platforms adjusting their sales pace, the 618 battle has already shifted to May. On June 17th, the consumer research institution Li Jin released the "618 Consumer Electronics Industry Observation", showing that the sales growth rate of the home appliance industry on the Taobao and Tmall platforms in May reached 74.2%, with a market share of 49%, both ranking first on the entire network, significantly leading other platforms. According to public reports, during this year's Tmall 618 period, the speed at which home appliance brands broke through 100 million yuan in sales was getting faster and faster. Within an hour of going on sale, home appliance brands such as Haier, Gree, Midea, TCL, Xiaomi, and Little Swan all achieved sales over 100 million yuan. It is worth noting that
Damo Institute responded that the news of asking Jiang Ping to answer questions again is not true and they never asked Jiang Ping to answer questions again.
On the afternoon of June 18th, Sina Technology reported that the list of finalists for the 2024 Alibaba Global Mathematics Competition has been released. Jiang Ping from Lianshui Vocational School in Jiangsu Province ranked 12th in the world with a high score of 93 points, which quickly caught attention on the internet. There are reports that after Jiang Ping achieved a high score, the Dharma Institute team asked her to answer questions on the blackboard and announced the results a few days later. Today, Alibaba's Dharma Institute team responded that the message circulating on the internet is not true and they did not ask Jiang Ping to answer questions again.
[Brokerage Focus] Bocom Intl pointed out that price competition on e-commerce platforms is still intense.
According to Bocom Intl, the year-on-year growth of physical e-commerce in May was 13%, compared with 12%/9.6% in the first quarter and April respectively. In terms of categories, benefiting from the first round of 618 promotion, clothing (+4.4%) and cosmetics (+19%) turned up year-on-year, and the growth rate of home appliances (+13%) rebounded to double digits, while furniture (+4.8%), daily necessities (+7.7%), and communication equipment (+17%) accelerated its growth. As for the 618 promotion, 1) major e-commerce platforms on the main shelves cancelled pre-sales, resulting in a significant year-on-year increase in GMV in May. 2) Content platforms are still gaining market share, but the growth rate is slowing down marginally, and the platforms...
Alibaba (BABA) Laps the Stock Market: Here's Why
Alibaba (BABA) closed the latest trading day at $74.55, indicating a +1.64% change from the previous session's end.
Alibaba Options Spot-On: On June 17th, 106.44K Contracts Were Traded, With 3.54 Million Open Interest
On June 17th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 106.44K options for the day, of which put options accounted for 25.07% of the total transactions, and cal
Broadcom's Cutting-Edge AI Networking Technology Leaves Nvidia, Marvell, Cisco Behind: JPMorgan
Broadcom Inc. (NASDAQ) is not only holding its position in the datacenter and AI Ethernet switching market but is also making significant strides forward. With its stock currently trading at $1,735.04
China PBOC Keeps Key Policy Rates Steady
China's central bank kept its key policy rates unchanged on Monday, indicating a likely hold on the benchmark lending rate later this month. The People's Bank of China provided 182 billion yuan ($25.0
Express News | Singapore's Temasek to Invest up to a$300 Mln in Australia's Betashares - Company Statement
Express News | Temasek Will Hold a Minority Stake in Betashares After Investment - Company Statement
10 Predictions on How Artificial Intelligence Will Reshape the World: UBS
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