BABA(US:BABA) 21世纪经济报道·2025-05-15 15:18Core Viewpoint - The article discusses the recent performance of Alibaba's financial results, highlighting a slight miss in revenue expectations while showing strong growth in net profit and shareholder returns. Additionally, it covers the broader market context, including U.S. stock index declines and economic indicators. Financial Performance of Alibaba - Alibaba's revenue for the fourth fiscal quarter was 236.45 billion RMB, a year-on-year increase of 7%, slightly below the market expectation of 237.91 billion RMB [2][3] - Adjusted net profit reached 29.85 billion RMB, representing a year-on-year growth of 22%, surpassing the forecast of 29.39 billion RMB [2][3] - The company announced a dividend distribution of 460 million USD (approximately 3.31 billion RMB) to enhance shareholder returns [3] - Alibaba's share buyback program for the fiscal year 2025 involved repurchasing 11.97 million shares for 1.19 billion USD, marking it as one of the most aggressive buyback programs among Chinese companies listed in the U.S. [3] Market Context - On May 15, U.S. stock indices opened lower, with the Dow Jones down by 116.16 points (-0.28%), Nasdaq down by 132.45 points (-0.69%), and S&P 500 down by 15.32 points (-0.26%) [2] - International oil prices fell, with NYMEX WTI crude down by 2.6% to 61.51 USD per barrel, and ICE Brent crude down by 2.54% to 64.41 USD per barrel [5] - Recent economic data indicated that initial jobless claims in the U.S. were 229,000, slightly above expectations, while April retail sales showed a marginal increase of 0.1% [5]