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Alibaba Jumped Nearly 4% in Premarket Trading and Surged over 55% in a Week

Tiger Newspress2022-03-23

Alibaba jumped nearly 4% in premarket trading, and its stock price surged over 55% in a week.It announced that the company’s board has authorized to upsize its share repurchase program to US$25 billion from US$15 billion (the “Share Repurchase Program”), in a sign of confidence about the Company’s continued growth in the future. The Company also announced that Weijian Shan, executive chairman of investment group PAG, was appointed as an independent director to the Company’s board.

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Comment24

  • Tanyl
    ·2022-03-23
    It is a good news
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  • lawteoh777
    ·2022-03-23
    Now lose back some %. 
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  • Khoo12
    ·2022-03-23
    [Smile] 
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  • tigernaut
    ·2022-03-23
    👍
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  • Andaroo
    ·2022-03-23
    AMC gme
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  • Andaroo
    ·2022-03-23
    AMC gme baby
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  • koolgal
    ·2022-03-23
    Happy to hear that Alibaba share price has jumped 55% in a week!  The 25 billion buy back program is a brilliant idea to cheer investors. 🚀🚀🚀🌙🌙🌙💰💰💰
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  • ZenInv
    ·2022-03-23
    Anyone bought ?
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  • Nebhol
    ·2022-03-23
    Like
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  • Prost
    ·2022-03-23
    good sign to huat
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  • Toby_Chua
    ·2022-03-23
    Baba huat arh 
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  • FlorCheah
    ·2022-03-23
    BaBa
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  • AriesSwa
    ·2022-03-23
    Hope the momentum continue for the next few months 🤓 at least good news from BABA on the share buyback.
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  • GggSlimeR
    ·2022-03-23
    Still not enough to beat my Cost :( Do not like my comment 
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  • ShadowBan
    ·2022-03-23
    i need another 25% surge to break even. thank you very much
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  • Wilful
    ·2022-03-23
    This is suitable for double down 30%, 60% dca at each level
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  • Andrewinho
    ·2022-03-23
    👏👏👏🚀🚀🚀
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  • Ahvi
    ·2022-03-23
    Lol if you bought the dip easy money
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  • Heng08
    ·2022-03-23
    Good 
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  • DaveWLF
    ·2022-03-23
    Vested! Great to see it is climbing again. Hope that this momentum can continue. 
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