Express News | BOCOM INTL: It is expected that the Federal Reserve will have two to three more interest rate cuts next year.

BreakingsDec 20 14:56

BOCOM INTL: BABA-SW sells Intime to further focus on core Business. Bullish on the company's performance recovery opportunities.

BOCOM INTL released a research report stating that it expects BABA-SW (09988) to have an adjusted net income growth rate of 8% for the calendar year 2025. It continues to maintain its previous views and recommends paying attention to the possibility of accelerated improvement in revenue and profits driven by the recovery of Alibaba's core e-commerce business GMV growth and the increase in monetization rate. Alibaba's announcement on December 17 indicated that it will sell 100% of the equity of Intime to a consortium formed by Youngor Group and members of the Intime management team. The total proceeds from this sale amount to 7.4 billion RMB (approximately 1 billion USD), and the expected loss from this sale is 9.3 billion RMB (approximately 1.

Sina Hong Kong StocksDec 19 17:17

BOCOM INTL: The sale of Intime by BABA-SW has an impact on total revenue of less than 1%.

BOCOM INTL released a research report stating that BABA-SW (09988) recently announced that the company and another minority Shareholder agreed to sell 100% equity of Intime to a consortium composed of members from Youngor Group and the Intime management team. Alibaba currently Holds about 99% of Intime. The total proceeds from the sale of Intime are approximately 7.4 billion RMB, with an expected loss of 9.3 billion RMB from the sale. BOCOM INTL believes that this sale will have an impact on Alibaba's Earnings Reports due to a one-time accounting loss, but it will not affect the adjusted Operation profit. Additionally, since Intime's overall revenue and profit are relatively small, the impact on Alibaba's total revenue is minimal.

Sina Hong Kong Stock.Dec 18 10:46

Express News | BOCOM INTL gives MINISO an initial "Buy" rating with a Target Price of 60 Hong Kong dollars.

BreakingsDec 16 18:11

Express News | BOCOM INTL: The A-share and Hong Kong stock markets are expected to stabilize from the previous policy bottom and continue the valuation repair.

BreakingsDec 16 15:12

Express News | BOCOM INTL: Personal Retirement funds are expected to establish a virtuous cycle with the stock market through "long-term investments with long-term money" and steady development.

BreakingsDec 13 15:33