Previous close | 125.10 |
Open | 125.10 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 245.00 |
Expiry date | 2022-06-17 |
Day's range | 125.10 - 125.10 |
Contract range | N/A |
Volume | |
Open interest | 1.72k |
(Bloomberg) -- Alibaba Group Holding Ltd. reported a better-than-expected 9% rise in revenue after Chinese consumers turned to online malls for basic needs during Covid lockdowns across the country.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackWhy So Few Big Rats Have Fled Putin’s ShipThese Are the Best — and Worst — Cities for Work-Life BalanceStocks Climb in Volatile Session After Fed Minutes: M
U.S.-listed Alibaba shares, which have lost roughly a third of their value so far this year, were up about 5% in premarket trading. Revenue in Alibaba's cloud computing division rose 12% to 18.97 billion yuan in the reported quarter. At the core commerce unit, its largest, revenue rose 8% to 140.33 billion yuan.