Previous close | 0.0300 |
Open | 0.0300 |
Bid | 0.0100 |
Ask | 0.0400 |
Strike | 63.00 |
Expiry date | 2024-05-10 |
Day's range | 0.0300 - 0.0300 |
Contract range | N/A |
Volume | |
Open interest | 82 |
Alibaba Group Holding Limited (NYSE:BABA) plans to construct a data center in Vietnam to meet legal requirements for local data storage and to cater to increasing demand in one of Asia’s fastest-growing economies. Currently, Alibaba rents server space from Vietnamese state-owned telecommunications companies Viettel and VNPT. The arrangement follows Vietnam’s contentious 2022 law mandating that companies store data within the country—a regulation that sparked resistance from major tech firms like
According to the average brokerage recommendation (ABR), one should invest in Alibaba (BABA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Alibaba stock has been in the doldrums since late 2020 despite repeated calls for a rebound. after a crackdown on the tech sector by Chinese regulators through much of 2021 and 2022 which wreaked havoc.