|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||19.00 - 19.20|
|52-week range||18.10 - 41.17|
|Beta (5Y monthly)||0.81|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
An investment arm of Chinese e-commerce giant Alibaba Group Holding Ltd, targeted in a regulatory crackdown, will divest its entire stake of 5.01% in broadcaster Mango Excellent Media Co Ltd, the media firm said. The sale comes less than a year after the investment in December last year, as Chinese authorities mount an anti-trust crackdown on large tech companies. One major target has been Alibaba, which faced a fine of $2.75 billion over anti-competitive practices.
(Bloomberg) -- Alibaba Group Holding Ltd. is seeking to sell its entire stake in a local television network after the Chinese government’s scrutiny over media and the technology industry intensified. Most Read from BloombergHow Los Angeles Became the City of DingbatsSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesA Jewish Tradition Makes Room for Unconventional DesignIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageBerlin Referendum Could Determine the Future of the C