Alibaba Group Holding Limited (9988.HK)
| Previous close | 74.500 |
| Open | 73.750 |
| Bid | 72.750 x N/A |
| Ask | 72.800 x N/A |
| Day's range | 72.250 - 73.900 |
| 52-week range | 64.600 - 100.000 |
| Volume | |
| Avg. volume | 54,340,650 |
| Market cap | 1.408T |
| Beta (5Y monthly) | 0.37 |
| PE ratio (TTM) | 16.93 |
| EPS (TTM) | 4.300 |
| Earnings date | 08 Aug 2024 - 12 Aug 2024 |
| Forward dividend & yield | 0.98 (1.34%) |
| Ex-dividend date | 12 Jun 2024 |
| 1y target est | 104.94 |
- South China Morning Post
Alibaba, Xiaohongshu tout sales growth in China's midyear e-commerce festival
Alibaba Group Holding said it is seeing "encouraging" user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China's answer to Instagram, said its online sales have tripled from a year ago. Taobao and Tmall Group, Alibaba's domestic e-commerce unit, has switched to a new strategy that focuses on consumers and small merchants during this year's festival, which runs from May 20 to June 20, as the company seeks to defend its dominant position in C
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South China Morning PostChinese tech stars Alibaba, JD fuel convertible bond surge, likely 'precursor' to IPO rush
A recent boom in convertible bond sales is kindling hopes that Hong Kong's capital market is warming up after a years-long chill, with Wall Street banks readying themselves to bask in the glow. A combined US$10.5 billion in convertible bond offerings by Chinese tech leaders including JD.com, Alibaba Group Holding, Trip.com and Lenovo Group has swept the market in the past two weeks. As a result, total convertible bond issuance in Asia, excluding Japan, is on track to match 2023's total of US$13.
