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GraniteShares 2x Long BABA Daily ETF Newsroom
Express News | Alibaba: On December 20, approximately 39.9934 million USD was spent to buy back 3.8768 million shares.
Express News | ANT GROUP CO., LTD. has established a new Alipay business group and is implementing a rotating president system.
Express News | Cai Niao's Chief Financial Officer Liu Zheng has joined ANT GROUP CO., LTD. and will succeed Han Xinyi as CFO.
Market Chatter: Ant Douses Cold Water on Talks of IPO Restart
Market Chatter: Alibaba Restructures LLM, AI Chatbot Units to Enhance Customer-Facing Operations
Alibaba (09988.HK) has officially launched its Business in Morocco, marking the first stop in Africa.
Alibaba (09988.HK) has officially launched its business in Morocco, marking the start of its first site in Africa. Alibaba is collaborating with the local company Clementia. Moroccan businesses can open digital storefronts on Alibaba, making it easier for them to connect with global buyers and increase export opportunities. Currently, there are fewer than 30 Moroccan companies using the Alibaba platform.
US stocks movement | Alibaba rose about 1.3% in pre-market trading, officially entering the Moroccan market, marking the start of its first venture in Africa.
On December 23, Gelonghui reported that Alibaba (BABA.US) rose about 1.3% before the market opened, reaching $83.33. According to Moroccan media, Alibaba has officially started its Operation in Morocco, marking the launch of its first site in Africa, aimed at helping Moroccan enterprises expand their exports to new markets, especially North America. Alibaba announced its expansion plans at a meeting held last week in Casablanca, where it met with Moroccan businesses and representatives from government institutions related to trade and exports. (Gelonghui)
The delivery efficiency of the Rookie South China Distribution Center has improved by 25%.
Alibaba (09988.HK)(BABA.US) Logistics flagship Cainiao Express stated that it is continuously enhancing its Infrastructure layout in the Guangdong region, upgrading its self-operated express services. Before this year's Double Eleven, the South China Distribution Transfer Center has achieved intelligent upgrades, improving transfer efficiency by 25%. Additionally, same-day delivery services have been launched in cities like Guangzhou to enhance delivery efficiency and ensure door-to-door delivery.
Alibaba Cloud supports the Gaming "Infinite Warmth" to launch globally across multiple platforms.
Alibaba Cloud announced that with the support of its Global infrastructure, the interactive Entertainment company Papergames' overseas subsidiary Infold Games has recently launched its multi-platform open-world dress-up adventure game "Infinity Nikki" across multiple platforms simultaneously, including PS5, iOS, Android, and PC. Currently, Alibaba Cloud has engaged in deep cooperation with Papergames in several areas, including "IaaS+PaaS integrated operations," and supports the launch of new games such as "Love and Deep Space."
Express News | Guangzhou Goaland Energy Conservation Tech: Liquid cooling related clients include ByteDance, Alibaba, Tencent, GDS Holdings, Inspur, and others.
Express News | Jin Luyao: The early AI models were relatively single-threaded, but they have now become multi-threaded.
Hong Kong stock market morning report on December 23: Biden signed a bill to prevent the USA government from "shutting down". The performance of China Concept Stocks shows divergence.
① Biden signed an emergency funding bill to prevent a "shutdown" of the USA government. ② The USA's November core PCE price index rose 2.8% year-on-year, which was lower than expected. ③ The three major stock indexes in the USA opened lower and closed higher last Friday, while China Concept Stocks showed mixed performance. ④ NYMEX Henry Hub Natural Gas Futures rose more than 14% last week. ⑤ Federal Reserve's Goolsbee stated that interest rates may decline within 12 to 18 months.
Alibaba Group Holding Limited (BABA) Restructures AI Teams to Enhance Consumer Products and LLM Research
Express News | The draft law to promote the private economy is submitted for review at the National People's Congress Standing Committee meeting.
Alibaba Options Spot-On: On December 20th, 212.6K Contracts Were Traded, With 3.15 Million Open Interest
On December 20th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 212.6K options for the day, of which put options accounted for 21.5% of the total transactions, and
Investing in Hong Kong, Alibaba has arrived! Alibaba's Entrepreneur Fund has established a 0.15 billion dollar AI Fund.
① Alibaba's Entrepreneur Fund announced the establishment of an AI Fund, amounting to 0.15 billion USD, primarily covering Industries where AI can be deeply applied. ② Almost at the same time, ByteDance founder Zhang Yiming also arrived, and his investment Institutions officially acquired Hong Kong's No. 9 license to start investing in the AI field. ③ This year, Hong Kong ranks eighth among the top ten regions globally in terms of total financing for AI enterprises.
Institutional Owners May Ignore Alibaba Group Holding Limited's (NYSE:BABA) Recent US$11b Market Cap Decline as Longer-term Profits Stay in the Green
Annual review | North funds aggressively bought Hong Kong stocks! Net buying exceeded 770 billion Hong Kong dollars for the year, with Alibaba attracting over 82 billion.
As of December 19, the cumulative transaction of southbound funds through the Hong Kong Stock Connect this year has exceeded 10 trillion, surpassing the entire amount of last year, with an overall increase of nearly 50%.
BABA-SW (09988.HK) event comment: The impact of WeChat Mini Store gift-giving on e-commerce is expected to be small. Reaffirming a strong recommendation at the bottom of Alibaba's valuation.
The gray test of the "gift giving" feature in WeChat Mini Stores has raised concerns in the market regarding the e-commerce landscape and Alibaba's market share. We believe that the market space for gift giving in WeChat Mini Stores is limited and, in the long run, does not provide the same level of value fulfillment in terms of "fast, good, cheap, and efficient" for consumers compared to traditional shelf-based e-commerce.
Express News | Alibaba: On December 19, approximately 39.9918 million US dollars was spent to repurchase 3.7808 million shares.