Alibaba stock hong kong

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State-backed financial group targets expansion in region as companies such as BYD make overseas push. Financial Times Close. Search the FT Search. Show more World link World. Show more US link US. Show more Companies link Companies.

Alibaba stock hong kong

Alibaba currently maintains a secondary listing on the Main Board of Hong Kong Stock Exchange and will apply for a primary listing status pursuant to the rules and regulations of the Hong Kong Stock Exchange. Given the substantial presence of its business operations in Greater China, the Company expects that a dual-primary listing status would allow it to broaden its investor base and facilitate incremental liquidity, in particular expand access to China- and other Asia-based investors. This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of Investors are cautioned that any such forward-looking statements, including statements related to the expected timing and completion of the primary listing process, are not guarantees of future results, and involve risks and uncertainties, including, among other things, satisfaction of the relevant requirements of the Hong Kong Stock Exchange and market conditions. The company disclaims any obligation to update any forward-looking statements contained herein, except as required under applicable law. This press release is for information purposes only and does not constitute, or form part of, any invitation or offer to acquire, purchase or subscribe for any of our securities. Shareholders and potential investors should exercise caution when dealing in our securities. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for years. Safe Harbor Statements This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of About Us.

The technology-heavy Nasdaq Composite advanced 0.

Hong Kong's Hang Seng index surged 3. The Chinese tech giant jumped as much as 6. Mainland China's CSI rose 1. Just after the markets closed, the People's Bank of China governor said the central bank would cut its reserve requirement ratio for financial institutions by 50 basis points from Feb. The data comes a day after the Bank of Japan left its monetary policy unchanged. Australia PMI surveys from Juno Bank showed an expansion in manufacturing activity in January after 11 straight months of contraction. Business activity in the country also saw a softer contraction in January compared to December.

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Alibaba stock hong kong

Alibaba Group Holding Ltd provides technology infrastructure and marketing platforms. The Company operates through seven segments. China Commerce segment includes China retail commerce businesses such as Taobao, Tmall and Freshippo, among others, and wholesale business. International Commerce segment includes international retail and wholesale commerce businesses such as Lazada and AliExpress. Loc al Consumer Services segment includes location-based businesses such as Ele.

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Latest quotes. The country's manufacturing purchasing managers' index for January came in at Service sector activity contracted at a slower pace, with the services PMI at Earnings and Financials. A PMI reading above 50 indicates expansion, while a reading below 50 signals contraction. The selloff came after issuing disappointing full-year and first-quarter guidance. Shares outstanding. Read the full list of stocks on the move here. Cancel Continue. You may be interested in info This list is generated from recent searches, followed securities, and other activity. Yahoo Finance. Alibaba Foundation. But Hamas has rejected the offer, according the Associated Press.

State-backed financial group targets expansion in region as companies such as BYD make overseas push. Financial Times Close. Search the FT Search.

Hangzhou, Zhejiang China. Delayed Quote Hong Kong S. Business activity in the country also saw a softer contraction in January compared to December. Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances. EBITDA Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances. Stock Chart Icon Stock chart icon. Represents the company's profit divided by the outstanding shares of its common stock. Show more Personal Finance link Personal Finance. Latest news about Alibaba Group Holding Limited. Manufacturing PMI registered a smaller contraction in January, coming in at Free cash flow Amount of cash a business has after it has met its financial obligations such as debt and outstanding payments. To use this feature you must be a member. Show more Markets link Markets.