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BABA Aug 2024 45.000 call
- Bloomberg
Convertible Bond Boom Grows as Trip.com Follows Alibaba
(Bloomberg) -- There’s no let up in the rush by Chinese technology companies to issue convertible bonds, with online travel agency Trip.com now following industry giants such as Alibaba Group Holding Ltd. into the action. Most Read from BloombergBillionaire-Friendly Modi Is Punished by Millions of Poor VotersGoldman Sees ‘Wall of Money’ Fueling Stock Market’s Summer PartyNvidia Tops $3 Trillion in Market Value, Leapfrogging AppleS&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapA Str
- Benzinga
Alibaba's 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way
Alibaba Group Holding Ltd’s (NYSE:BABA) 618 shopping festival shows strong momentum, according to preliminary data from Taobao and Tmall platforms. As of May 31, 185 brands, including Apple Inc (NASDAQ:AAPL), Xiaomi Corp (OTC:XIACF) (OTC:XIACY), and Huawei Technologies Co, each achieved over 100 million yuan in gross merchandise value, SCMP reports. Additionally, 37,000 brands doubled their sales compared to last year. Also Read: Alibaba and Coupang Intensify E-Commerce Battle with Major Investm
- South China Morning Post
Alibaba's Hong Kong-listed shares could be ready for mainland buyers via Stock Connect by September 9, Morgan Stanley says
Alibaba could join the Stock Connect cross-border trading mechanism as early as September 9, after its dual-primary shares listing in Hong Kong is completed, according to Morgan Stanley. The overall impact on the market is expected to be limited, however, after an initial influx of money from mainland investors, they said. Up to US$12 billion of investment from mainlanders is likely in the first six months after the e-commerce giant joins the Stock Connect scheme, which would bring their ownersh
