GET READY IN SEPT WHEN CHINESE CAN BUY ALIBABA DIRECTLY VIA HK SOUTHBOUND CONNECT

SPOT_ON
08-16

Alibaba’s Hong Kong-listed shares could be ready for mainland buyers via Stock Connect by September 9, Morgan Stanley says


The e-commerce giant is likely to see up to US$12 billion of inflow from mainland investors in the six months after its primary listing in Hong Kong


Stock price has been lagging the broader market this year amid intense competition at home


$Alibaba(09988)$  

$Amazon.com(AMZN)$  

$Meta Platforms, Inc.(META)$  

$Microsoft(MSFT)$  

💰 Stocks to watch today?(25 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SPOT_ON
    08-17
    SPOT_ON
    According to Alibaba's annual report released in May this year, the company is expected to complete the conversion of its main listing in Hong Kong by the end of August 2024
  • SPOT_ON
    08-17
    SPOT_ON
    no more fear , talks , threatening  or intimidation about BABA  US ADR  delisting  by the  SEC ... now buy directly the actual baba shares in HK
    • SPOT_ON: 
      CHINESE investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about US$20 billion into next year.
    • SPOT_ONReplySPOT_ON: 
      Shares of Alibaba are up only 2 per cent so far this year in Hong Kong, while major peers Tencent and Meituan are up 25 per cent each. China’s weak retail sales have hurt Alibaba’s key business, and price wars in cloud services are curbing the growth of a potential new driver.
  • SPOT_ON
    08-16
    SPOT_ON

    [Call]  [Call]  [Call]  [Call]  [Call]  [Call]  [USD]  [USD]  [USD]  [USD]  [USD]  

  • SPOT_ON
    08-17
    SPOT_ON
    LOAD..CALCULATED AROUND USD 133 FAIR VALUE
  • TerenceD
    08-17
    TerenceD

    Great article, would you like to share it?

  • Brando741319
    08-17
    Brando741319
    Good
Leave a comment
9
458