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BABA Jun 2024 60.000 put
- Reuters
Hong Kong to launch weekly options for stocks including HSBC, Alibaba
Hong Kong's bourse operator said on Wednesday it plans to launch by the end of the year weekly options for 10 locally listed stocks, including HSBC Holdings and Alibaba Group Holding, in a bid to offer investors additional risk-management tools. Options are derivatives that offer the right to buy or sell particular securities, and can be used by investors to manage risks or execute trading strategies. The 10 stocks also include the Hong Kong Exchanges and Clearing Ltd (HKEX), Tencent Holdings, JD.com, Baidu and BYD Co, HKEX said in a statement on its website.
- Benzinga
Alibaba's To Overhaul Taobao In Strategic Move to Reclaim E-commerce Dominance
Alibaba Group Holding Ltd (NYSE:BABA) is revamping the webpage of its Taobao e-commerce platform, launching the most significant update in seven years, to enhance the shopping experience ahead of China’s major 618 shopping festival. This initiative by Taobao and Tmall Group, Alibaba’s domestic e-commerce unit, aims to streamline the layout and simplify the search and purchase process for users and merchants. Alibaba is focusing on this upgrade to attract new users and reclaim its leading positio
- Benzinga
Jack Ma Backed Ant Group's Alipay+ Broadens Payment Reach Across Continents: How It's Shaping Global Commerce?
Alibaba Group Holding Limited (NYSE:BABA) fintech affiliate Ant Group is enhancing its global presence through its digital platform, Alipay+, aiming to unify mobile payment apps worldwide. Ant International, the group’s global division, launched Alipay+ in 2020. It allows users to make payments with apps from their home countries via Alipay’s QR code network and local partners abroad. Douglas Feagin, Senior VP at Ant Group, emphasized that travelers prefer using their trusted home-country e-wall
