BABA Oct 2024 40.000 put
- Zacks
These 2 Retail-Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- South China Morning Post
Alibaba, Xiaohongshu tout sales growth in China's midyear e-commerce festival
Alibaba Group Holding said it is seeing "encouraging" user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China's answer to Instagram, said its online sales have tripled from a year ago. Taobao and Tmall Group, Alibaba's domestic e-commerce unit, has switched to a new strategy that focuses on consumers and small merchants during this year's festival, which runs from May 20 to June 20, as the company seeks to defend its dominant position in C
- South China Morning Post
Chinese tech stars Alibaba, JD fuel convertible bond surge, likely 'precursor' to IPO rush
A recent boom in convertible bond sales is kindling hopes that Hong Kong's capital market is warming up after a years-long chill, with Wall Street banks readying themselves to bask in the glow. A combined US$10.5 billion in convertible bond offerings by Chinese tech leaders including JD.com, Alibaba Group Holding, Trip.com and Lenovo Group has swept the market in the past two weeks. As a result, total convertible bond issuance in Asia, excluding Japan, is on track to match 2023's total of US$13.
