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Alibaba Newsroom
Express News | Alibaba plans to sell its equity in Intime to Youngor Group and others, expecting a loss of about 9.3 billion yuan.
Express News | Alibaba discloses details of the sale of Silver Intime equity: since September of last year, the company has been reorganizing the strategic priorities of existing Businesses, and is returning value to Shareholders by exiting non-core Assets.
Alibaba to Sell Mall Chain for $1 Billion as Part of Latest Overhaul
Alibaba-W (09988): Plans to sell Silver Tai.
Alibaba-W (09988) announced that the company and another minority Shareholder agreed to transfer 100% equity of Silver Tai to...
Alibaba: Expects To Record Losses of Around CNY9.3B as Result of Selling Intime
Alibaba: Will sell 100% equity of Intime to a buyer consortium formed by Youngor Group and members of the Intime management team.
On December 17, Gelinghui announced that Alibaba and another minority Shareholder agreed to sell 100% of the equity of Intime to a purchasing consortium consisting of members from Youngor Group and the Intime management team. Alibaba expects to receive approximately 7.4 billion yuan from the sale of Intime, with an estimated loss of approximately 9.3 billion yuan recorded due to the sale.
Hong Kong stock market afternoon review | The three major Indexes have all fallen, with the technology Index dropping by 0.49%; the 5G Sector and Lithium Battery Sector show strength against the trend, ZTE soaring over 7%, and BYD shares rising over 2%.
Network Technology stocks fell, with Alibaba-W dropping 1.48% and JD-SW declining 1.25%; Building Materials stocks generally declined, with CHINA TIANRUI falling 9.09% and CONCH CEMENT down 2.79%; Hong Kong Retail Stocks rose, with BONJOUR HOLD decreasing 4.74% and PRADA increasing 2.66%.
Express News | Alibaba Group - to Sell 100% of Stake in Intime to Consortium of Purchasers Comprising Youngor Group & Members of Intime's Management Team
Express News | Alibaba Group - Expected Gross Proceeds to Alibaba From Intime Sale Is Approximately RMB7.4 Bln
Express News | Voluntary Announcement- Alibaba Group Sells Intime
[Hong Kong Stock Connect] It is reported that Alibaba (09988) is selling Intime Department Store, with the buyer being Youngor Group.
Golden Financial News | According to reports, it has been confirmed by informed sources that Alibaba (09988) plans to sell its shares in Intime Department Store, with the acquirer being Youngor Group. Since this does not involve the Assets of the listed company, the latter will not issue an announcement. More insider information will be based on Alibaba's announcement.
Express News | Alibaba sells Intime Department Store, confirming that Youngor Group has taken over.
Buyback collection on December 16 | TENCENT, HSBC Holdings, and others have made repurchases, with TENCENT spending 0.7 billion HKD.
According to documents disclosed by HKEX on December 17, TENCENT (00700.HK), HSBC Holdings (00005.HK), and others repurchased shares. ① TENCENT (00700.HK) repurchased 1.72 million ordinary shares on December 16, involving an amount of 0.7 billion Hong Kong dollars, with a repurchase price ranging from 410.8 Hong Kong dollars to 403.8 Hong Kong dollars per share. Since the authorization resolution for repurchase, the cumulative number of securities repurchased is 0.216 billion shares, accounting for 2.292% of the number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) on December 12.
Daily Bull and Bear | Has the volume of bullish stocks increased significantly for a rebound? The Hong Kong stock market has been declining for several days, and good positions have seen net Inflow for two consecutive days; JPMorgan: Macau Casino stocks m
On Monday, Hong Kong stocks continued to show a sluggish trend, with the Hang Seng Index closing down 0.88% at 19,795 points, reaching a high of 20,049 and a low of 19,726 during the day. In the evening, the Hang Seng Index Futures closed at 19,755 points, down 66 points or 0.33%, with a discount of 40 points.
U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
Alibaba Options Spot-On: On December 16th, 189.36K Contracts Were Traded, With 3.13 Million Open Interest
On December 16th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 189.36K options for the day, of which put options accounted for 20.04% of the total transactions,
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