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Express News | Alibaba: During the quarter ended June 30, a total of 613 million common shares were bought back for 5.8 billion dollars.
Express News | Taobao's "Hourly Delivery" service has been upgraded to a first-level entrance and will be open to all Taobao and Tmall merchants.
Express News | Taobao's "Hourly Delivery" business is completely upgraded.
The quarter with the strongest buyback effort! Latest announcement from alibaba.
On July 2, Alibaba Group's latest announcement showed that as of the quarter ending June 30, 2024, a total of 613 million common shares (equivalent to 77 million American depositary shares) were repurchased at a total price of $5.8 billion. From the perspective of repurchase amount, this is Alibaba's largest repurchase quarter. In terms of product structure, the operating income of products worth 10-30 billion yuan are 401/1288/60 million yuan respectively.
US stocks close | S&P and Nasdaq hit new closing highs, Amazon, Apple, and Microsoft hit new highs again, and Tesla surged more than 10%.
Chinese concept stocks index rebounds and breaks away from its 5-month low, with alibaba, nio inc, li auto inc rising about 2%.
Alibaba Options Spot-On: On July 2nd, 132.42K Contracts Were Traded, With 2.18 Million Open Interest
On July 2nd ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 132.42K options for the day, of which put options accounted for 13.98% of the total transactions, and call