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Alibaba Group Holding Ltd (9988)

Hong Kong
Currency in HKD
Disclaimer
70.25
+1.45(+2.11%)
Closed

9988 Price Commentary

A bigger rise continues as Alibaba’s valuation at about $102 per share indicating a considerable upside over the market price.
C u at 100.
Good; China’s central bank has agreed that Ant Group’s mobile payment app Alipay has no controller, a crucial step in the fintech giant’s overhaul deemed necessary to put its much-anticipated initial public offering back on track.
Adjusted net income increased 19% to 40.2 billion yuan ($5.5 billion), or $2.14 per American Depositary Share (ADS), exceeding the consensus forecast by $0.05.
Time to buy, time to recover
100+ c u
buy3, Paytm founder Vijay Shekhar Sharma said on Monday he is open to increasing his stake in the Indian fintech firm if there are sellers, weeks after he became the largest shareholder in the company by buying stake from Chinese firm Antfin.
tech stocks flying with consumer stocks too, companies in the consumer and technology sectors have seen share prices rise as Beijing boosts domestic consumption and seeks technological independence.
as usual, then sudden rebound
revival, China cut policy rate further
share buyback as reported
next target 150-200, hurray
100+ by closing time :)
ADR alibaba 100+, go3
100 is coming :)
alibaba global expansion is miraculous go3
97++, usa price go3
95 & above today
fly like crazy later ARD 97++ already
above 100 anytime
tech stocks continue to rise
easy money, accumulate more n more, Beijing is now expected to roll out more stimulus measures in July, especially with a meeting of top-level government officials due later in the month.
steadily returning to 2020 price level, good to stimulate the economy due to wealth effects
Jack ma would recover his wealth to 2020 level soon
above 90 today then 100 by month end
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