180.06BMarket Cap17.28P/E (TTM)
75.100High73.850Low10.31MVolume74.085Open74.550Pre Close767.99MTurnover0.52%Turnover Ratio17.28P/E (Static)2.42BShares98.98752wk High1.32P/B147.99BFloat Cap65.21252wk Low0.98Dividend TTM1.99BShs Float308.377Historical High1.32%Div YieldTTM1.68%Amplitude55.240Historical Low74.524Avg Price1Lot Size
Alibaba Stock Forum
This year's 618 shopping festival saw brands and merchants significantly increase their investment in live broadcasting, with 47 stores achieving over RMB 100 million in live broadcast turnover.
$ALIBABA GROUP HOLDING LTD(BABAF.US)$ $Alibaba(BABA.US)$ $BABA-SW(09988.HK)$
Fitch keeps its US forecast at 2.1% and raises the China forecast to 4.8% from 4.5%.
$KraneShares CSI China Internet ETF(KWEB.US)$ $NASDAQ Golden Dragon China(.HXC.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $BABA-SW(09988.HK)$ $MEITUAN-W(03690.HK)$
$HKEX(00388.HK)$ $HSBC HOLDINGS(00005.HK)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $XIAOMI-W(01810.HK)$ $XIAOMI-W(01810.HK)$
Simplified Sales: Platforms simplified 618 shopping festival sales, eliminating pre-sale segments and offering early discounts, boosting GMV in May.
Platform Performance:
Taobao Tmall ( $BABA-SW(09988.HK)$ ): 370,000 small and medium-sized merchants more than doubled GMV YoY on...
Excess deposits on the mainland account for around 15% of GDP, reflecting weak market confidence. The government is expected to focus on boosting consumption in the second half of the year.
$BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $Hang Seng Index(800000.HK)$ $XIAOMI-W(01810.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$
key level to break is 75.
Goldman Sachs analysts expect another rally in Chinese stocks after the recent "healthy correction", driven by anticipated policy support measures from the the upcoming July Communist Party meeting.
Deutsche Bank analysts have raised their price targets significantly for major Chinese tech ...
$TENCENT(00700.HK)$ extends gain to over 3%, making it the largest contributor to the rises today. $BABA-SW(09988.HK)$ also rises 2.7%.
No comment yet