BABA(BABA)
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Alibaba: Restructuring And Investment Efforts Appear Promising, Bullish Support Is Growing
Seeking Alpha· 2024-08-24 14:00
timsa BABA's Reversal May Already Be Here We previously covered Alibaba Group Holding Limited (NYSE:NYSE:BABA) in April 2024, discussing the stock's underperformance despite the massive share repurchases/ dividend payouts, with the ongoing restructuring yet to produce any results as well. Despite so, we had reiterated our Buy rating, since the company continued to generate robust Free Cash Flow with its stock valuations overly discounted, with it offering patient investors with an excellent upside poten ...
Alibaba Changes Hong Kong Listing Status To Primary To Tap Chinese Investors
Forbes· 2024-08-23 08:00
GREG BAKER/AFP via Getty ImagesChinese e-commerce giant Alibaba Group Holding is converting its listing in Hong Kong to primary status from secondary on August 28, setting the stage for the company to gain wider access to investors on the mainland.Alibaba announced on Friday its shareholders have approved the long-awaited conversion, which will add to its current primary listing in New York. The move paves the way for Alibaba to join Hong Kong’s Stock Connect scheme, which will allow qualified mainland Chin ...
Alibaba to upgrade Hong Kong listing amid profit drop
Techxplore· 2024-08-23 07:01
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Shares in Alibaba have plunged since China began a crackdown on the tech sector four years ago. Chinese e-commerce giant Alibaba said Friday it would upgrade its Hong Kong-listed shares to primary status, opening it up to China's huge army of investors that could potentially rake in billions of dollars for the firm. The decisi ...
Alibaba (BABA) Dips 7.2% in a Year: Should Investors Hold or Fold?
ZACKS· 2024-08-22 17:25
Alibaba (BABA) has seen its stock price decrease 7.2% in a year, significantly underperforming the Zacks Internet-Commerce industry, the broader retail sector and the S&P 500 index’s growth of 22.5%, 19.6% and 26.1%, respectively, in the same time frame.This drop is now prompting investors to question whether to maintain their positions or consider selling their shares in the leading e-commerce company in China. The decrease comes amid broader market volatility and certain challenges being faced by China. T ...
Alibaba: Better Days Ahead
Seeking Alpha· 2024-08-22 04:59
Robert Way/iStock Editorial via Getty ImagesMy last article about Alibaba Group Holding Limited (NYSE:BABA) was published about three months ago in May 2024. Since my last article was published, the stock declined about 5%, while the S&P 500 (SPY) increased about 5% in the same timeframe. Last week, Alibaba reported second quarter results and while the company did beat estimates for non-GAAP EPS, it missed revenue by about $1.15 billion. And the stock continued to be caught in its huge range between abo ...
Why Alibaba Stock Topped the Market Today
The Motley Fool· 2024-08-21 22:27
A rival will have to do without the presence of a powerful foreign investor.On the back of bad news for one of its rivals, Chinese e-commerce company Alibaba Group Holding (BABA 3.07%) saw a bit of a bull run in its stock. The company's American depositary receipts (ADRs) rose more than 3% in price Wednesday, easily beating the 0.4% advance of the bellwether S&P 500 index.Sale completedThat rival is JD.com (JD -4.15%), which has lost a major American shareholder. In a regulatory filing, Walmart (WMT 0.94%) ...
Alibaba's Redemption Arc: Insights From Q1 FY2025 Earnings And Market Reactions
Seeking Alpha· 2024-08-21 12:30
BrianAJackson Introduction After reporting yet another mixed bag of a quarter last Thursday, Alibaba Group Holding Limited (NYSE:BABA) stock has experienced considerable volatility in recent sessions to go literally nowhere: GoogleFinance While Alibaba's Q1 sales of $33.94B [+4% y/y] missed consensus estimates by ~$0.7B, its normalized EPS of $2.29 per share [-5% y/y] beat expectations by $0.20 per share, primarily due to aggressive stock buybacks. SeekingAlpha Now, throughout this earnings season, ...
Down 50% in 5 Years, Is Now the Time to Buy Alibaba Stock as Its Turnaround Progresses?
The Motley Fool· 2024-08-21 09:15
Here's why investors should consider buying Alibaba stock.Alibaba (BABA -3.42%) shares have been in a downward spiral the past five years, with the stock cut in half during that time. However, the stock has stabilized this year and the Chinese e-commerce giant appears to being making progress in its turnaround.Let's take a closer look at its most recent earnings and why the stock looks like a good investment at these levels after its big pullback.Turnaround progressingFor its fiscal first quarter, Alibaba's ...
阿里巴巴:Driving for monetization improvement while maintaining stabilizing market share
招银国际· 2024-08-21 08:14
The research analyst who is primary responsible for the content of this research report, in whole or in part, certifies that with respect to the securities or issuer that the analyst covered in this report: (1) all of the views expressed accurately reflect his or her personal views about the subject securities or issuer; and (2) no part of his or her compensation was, is, or will be, directly or indirectly, related to the specific views expressed by that analyst in this report. Besides, the analyst confirms ...
Why Alibaba's Stock Is Surging After Its Earnings Missed Expectations
Seeking Alpha· 2024-08-20 15:49
Yongyuan Dai/iStock Unreleased via Getty Images In 2019, Jack Ma, the "chief founder" of Alibaba Group Holding Limited (NYSE:BABA), stepped down as chairman and gave way to co-founder Daniel Zhang Yong who rapidly went on to enter the roster of Time Magazine's 100 most influential people in 2020. Alibaba's sprawling business empire was long considered to be driven by those in the chairman's seat. This, however, changed in April 2023 when the company announced that it would split into 6 units - each of which ...