$Alibaba(BABA)$

The euphoria surrounding Alibaba Group Holding Ltd.’s primary listing plan has evaporated in just two sessions, as focus shifts to the firm’s earnings announcement due next week.

The e-commerce giant’s stock fell as much as 1.5% in Hong Kong on Thursday after tumbling on Wednesday, dipping below the level before Alibaba said it would seek a primary listing in the city. Goldman Sachs Group Inc. said the move may draw $16 billion of inflows into the company’s shares.

# Thoughts on Alibaba's dual primary listing?

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.

Report

Comment

  • Top
  • Latest
  • JC888
    ·2022-07-29
    Got euphoria? If yes came n gone in a jiffy... Lol
    Reply
    Report
  • pennylks
    ·2022-07-30
    today stock still dropped
    Reply
    Report
  • moliya
    ·2022-07-29
    ohhhhhhh
    Reply
    Report
  • tamira
    ·2022-07-29
    Thanks for sharing
    Reply
    Report
  • HzxS
    ·2022-07-29
    Hope is good news
    Reply
    Report
  • JCWOO
    ·2022-07-30
    Ok
    Reply
    Report
  • CK11
    ·2022-07-29
    ok
    Reply
    Report
  • toh156
    ·2022-07-29
    ok
    Reply
    Report
  • daz888888888
    ·2022-07-29
    Wow
    Reply
    Report
  • Wroy
    ·2022-07-29
    k
    Reply
    Report
  • Huatchin
    ·2022-07-29
    read
    Reply
    Report
  • alfo
    ·2022-07-29
    k
    Reply
    Report
  • KF73
    ·2022-07-29
    Ok
    Reply
    Report
  • qazwsxedcrfv
    ·2022-07-29
    [Like]
    Reply
    Report
  • SG58
    ·2022-07-29
    ok
    Reply
    Report
  • AS78
    ·2022-07-29
    Ok
    Reply
    Report
  • MoneyCub
    ·2022-07-29
    Ok
    Reply
    Report