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BABA Jan 2024 290.000 call

OPR - OPR Delayed price. Currency in USD
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0.3300-0.0300 (-8.33%)
As of 01:37PM EDT. Market open.
Full screen
Previous close0.3600
Expiry date2024-01-19
Day's range0.2900 - 0.3300
Contract rangeN/A
Open interest1.29k
  • Bloomberg

    Alibaba CEO Says May Cede Control of Some Businesses Over Time

    (Bloomberg) -- Alibaba Group Holding Ltd. will consider gradually giving up control of some of its main businesses, after completing a major overhaul to create six new companies that may debut on public markets.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketFBI Releases Files on Ivana TrumpUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverChina’s

  • Reuters

    Alibaba to decide on control over new business units after IPOs

    SHANGHAI/HONG KONG (Reuters) -Alibaba Group's breakup into separate companies will allow its business units to become more agile and eventually list on their own, the tech conglomerate's chief executive Daniel Zhang said on Thursday. Zhang's comments come two days after Alibaba announced its largest restructuring in the company's history, which will see it change into a holding company structure with six business units, each with their own boards and CEOs. "Alibaba will be more of the nature of an asset and capital operator than a business operator, in relation to the business group companies," he told investors on a conference call.

  • Reuters

    Marketmind: Out of the sinking, banks 'n' tech lead the way

    That should mean a positive session for risk appetite and stocks, fueled by hopes that the banking crisis is abating and investorscrisisish reaction to Chinese e-commerce conglomerate Alibaba's wide-ranging restructuring plans. Wall Street posted solid gains on Wednesday as volatility slumped to its lowest since the U.S. banking tremors were first felt three weeks ago. While bond yields inched up, bond market volatility also fell and fixed income markets were pretty calm.