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Alibaba Once Slid Nearly 3% in Morning Trading after Registering Additional 1 Billion ADSs

Tiger Newspress2022-02-04

Alibaba once slid nearly 3% in morning trading after registering additional 1 billion ADSs.

 

Alibaba Group Files Form F-6 To Register Additional 1B ADSs; Each Share Representing 8 Ordinary Shares Of Corporation.

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  • KH321
    ·2022-02-10
    OK
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  • 74rk
    ·2022-02-06
    useful info
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  • Jas12345
    ·2022-02-05
    Thanks for sharing this info! 
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  • Maky
    ·2022-02-05
    This seems like signalling that they are not delisting from US exchange
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  • aaffsmcjje
    ·2022-02-05
    Remember there were rumours of them supposed to be deregistered from the xchange? But now..... Get the jizz? 
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  • KLCC
    ·2022-02-05
    So much uncertainty in BABA
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  • BABASheep
    ·2022-02-05
    Dilution? REGISTER not ISSUANCE. The purpose or timing of this exercise? I will take it as positive. 
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  • 我i168
    ·2022-02-05
    Where does this 1b ADSs come from?
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  • SCLIEW
    ·2022-02-05
    666
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  • Joelchua
    ·2022-02-05
    Seems like dilution risk to me 
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  • MayTan
    ·2022-02-05
    Thanks for sharing
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  • robot1234
    ·2022-02-05
    BABA is looking increasing attractive after falling from 52-week high of HK269 to near 52-week low of HK120 with PE at 17X. BABA drastic fall was mainly due to the aborted ANT IPO in late 2020 and related $2.8 billion fine, and anti-monopoly investigation last year. These bad news already priced in. Her prospect is still intact albeit increasing competition in the e-commerce sector. Can expect a slow recovery for long term investors. 
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  • Jess261
    ·2022-02-05
    Okay
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  • m00d
    ·2022-02-05
    Yesss
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  • K74
    ·2022-02-05
    Gosh 
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  • SPOT_ON
    ·2022-02-05
    Wat the !?
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  • JQC
    ·2022-02-05
    Going strong ... waiting for Baba to soar again [Love] 
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  • azure
    ·2022-02-05
    [Cry] 
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  • WinnerSG
    ·2022-02-05
    More shares means more dilution for shareholders. Need to watch more closely what they're up to. 
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