|Bid||201.68 x 800|
|Ask||201.90 x 45100|
|Day's range||199.51 - 202.00|
|52-week range||129.77 - 202.00|
|Beta (3Y monthly)||2.25|
|PE ratio (TTM)||57.73|
|Earnings date||28 Jan 2020 - 3 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||227.06|
Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma. SoftBank owns 26% of China's Alibaba, with its origin in a $20 million investment in 2000, and the stake is now worth more than the Japanese firm's market capitalization. Son on Friday said the decision to invest in Alibaba was driven by a gut feeling.
Hosted by Alibaba’s founder Jack Ma, the four-hour entrepreneurial talent show had all the production values of The Apprentice. The action unfolded instead on a stage in Ghana, the first of what is set to be an Africa-wide annual contest as one of China’s best known businessmen scours the continent for younger versions of himself. Mr Ma is the former executive chairman of China’s biggest online commerce company.
If granted the permit, AutoX would be able to test self-driving cars with a backup provided by a remote human operator rather than a driver in the vehicle, a step forward in the race to operate the first commercial driverless delivery vans or taxis in the state. Google-backed Waymo is the only company so far to have secured a full licence for testing without a safety driver.
in local elections, dislodging their pro-Beijing rivals and delivering a decisive thumbs down to the city’s chief executive Carrie Lam and China’s President Xi Jinping. The elections followed almost six months of anti-government protests in the Asian finance hub that have left the city’s Hang Seng index up just 0.8 per cent this year, versus a nearly 28 per cent rise for China’s CSI 300.
The company has received approval to list 75 million over-allotment shares at HK$176 per share, the same price it offered under its secondary listing, it said in a filing to the Hong Kong stock exchange. Alibaba on Nov. 20 raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale. In their first session of trade on Nov. 26, Alibaba's Hong Kong shares closed up 6.6% higher from the issue price in heavy trading.
Investing.com - Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd (HK:9988)’s shares in Hong Kong continued to dip on Monday after having risen nearly 10% since its high-profile debut last week.
What went down in Hong Kong this week is worth digging into.There was a notable election, Chinese e-commerce giant Alibaba debuted on the Hong Kong Stock Exchange and Trump weighed in.
Investing.com - Chinese e-commerce giant Alibaba Group Holding Ltd (HK:9988)’s shares in Hong Kong rose again on Thursday in Asia and has jumped more than 10% so far since its debut.
Ant Financial is building a roughly $1bn investment fund to back start-ups across south-east Asia and India, as Alibaba’s financial technology arm looks to expand its reach across the region. Plans for the fund, which were first reported on by Deal Street Asia, are at an early stage, according to a person familiar with the matter. Ji Gang, Ant Financial’s vice-president, told a conference for young entrepreneurs in Beijing on Tuesday the company wants to focus on providing start-ups with later-stage funding.
Investing.com - Asian markets traded mostly higher in morning trade on Wednesday. China’s weaker-than-expected industrial profit data received some focus.
Peter Chun speaks with Yahoo Finance about the markets in Asia and the US. Chun gives his insight on how the Hong Kong protests are affecting investments, the recent Alibaba listing in Hong Kong, and where investors see opportunity in today's global economy.