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He’s working the stimulus plan now.
No value at all?...
Foundation is spot on right now. 5 year plan with this stock is solid.
What’s sad is DP is proud of what you stated.
Excellent response to to those mythical facts, however this fact should be updated “ business is not blüming!!! ”.
Can someone summarize this?
https://investorplace.com/2019/12/hong-kong-listing-reveals-alibaba-stock/
The Alibaba stock split would have the company dividing one share into eight shares. This means that the company will be increasing its number of shares from 4 billion to 32 billion. ... If shareholders approve of the stock split, the Alibaba says that it will occur no later than July 15, 2020.
Thanks, I believe it has to be executed by that date.
Will baba split?
Good reads...
Could be...that’s funny too!
Look at the end of this article.....
Alibaba’s latest move in new retail: Investing in milk delivery startup Tianxianpei
Alibaba now controls a 50% stake of the company.
By Song Jingli
Yesterday
20
shares
Alibaba is now a shareholder of Shanghai-based milk delivery startup Tianxianpei, according to changes in corporation registration information.
Fresh off of a record-breaking November 11 bonanza, the tech conglomerate now holds a 50% stake of the digital milkman, while Chinese milk producer Mengniu Dairy owns the other half of the company, according to corporate intelligence information provider TianYanCha.
Tianxianpei, which was set up in July 2018 under Mengniu’s new retail department, allows residents to order fresh milk and yogurt products on Tmall and pick them up in refrigerators near their residences. The platform exclusively offers Mengniu’s dairy products, and claims that it has entered nearly 600 neighborhoods in more than 20 major cities in China, but it has yet to cultivate broad service coverage, and is far from being a household name.
Tianxianpei’s online-to-offline model differs from that of conventional milk delivery services. Specifically, the company’s refrigerators eliminate the possibility of milk spoiling after being left in ambient temperature for too long. And for maximum convenience, its app allows users to designate a pick-up time.
Alibaba’s investment may mark yet another attempt to incorporate new services into its new retail strategy, which is an idea shaped by Jack Ma that describes the convergence of online and offline commerce. In March 2015, Alibaba created Freshippo, also known as Hema, to put new retail into practice.
Freshippo resembles most other supermarkets as it sells all manner of groceries — fresh fruits and vegetables, as well as live seafood. But at Hema’s headquarters, roughly half of the staff are software engineers. While conventional supermarkets gather payment information at the checkout counter, Hema knows about its customers even before they walk in, including phone numbers, recent Alipay transfers, and items that they may have browsed on the Hema app. Other tools are adopted too, like heat maps that indicate where customers spend the most time in stores.
Following this investment, Alibaba shares are expected to begin trading on November 26 in Hong Kong. It is set to price its shares at HKD 176 (USD 22.48) apiece.
ETD....expected time of death?
Yep....
All time low if you take into consideration the split...chasing the bottom has been nasty!
I left this poop show awhile ago.
When the ocean rises to DP living room.
What Does Alibaba’s Hong Kong Listing Mean for U.S. Shareholders? 6 Things to Know
By Evie Liu
Nov. 16, 2019 7:30 am ET
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The Hong Kong exchange is linked to those in Shanghai and Shenzhen. Photograph by Nicolas Asfouri/AFP via Getty Images
The Chinese e-commerce giant Alibaba Group Holding (ticker: BABA) has been trading on the New York Stock Exchange since it raised $25 billion in a 2014 initial public offering. The price of the American depositary shares has soared 173% from $68 at the IPO to $185.49 as of Friday’s close.
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Now, the company wants to offer another 500 million new ordinary shares in a listing through the Stock Exchange of Hong Kong. The offering, expected to raise as much as $14 billion, will be the largest so far in 2019.
What does the Hong Kong listing mean for U.S. investors who already own Alibaba’s ADS, or want to buy the stock? Here are a few things to know.
There will be dilution, but it shouldn’t be worrisome.
Each Alibaba ADS represents eight ordinary shares that will be freely interchangeable with the Hong Kong-listed shares. There will likely be a dilution of about 2.8%, according to a person familiar with the matter, which can reduce the value of existing investors’ shares and their proportional ownership of the company.
But with potential high demand from new investors in Asia, the price of the existing shares could also get a lift. The second listing will also allow global investors to trade nearly round-the-clock. Right now, traders have to wait as much as 17 hours for the U.S. market to open.
The Hong Kong listing is not priced yet. We’ll know the price on Tuesday.
Unlike in the U.S., Hong Kong regulations allow retail investors to directly buy shares in a public offering by making a prepayment. If demand exceeds the amount of stock available, part of the money is returned to investors. The whole process can take a few days.
Alibaba said it expects to officially set the Hong Kong offer price on Tuesday, after the U.S. market closes. The closing price of Alibaba ADSs that day, divided by eight, will be the offer price for the new ordinary shares, although the amount retail investors in Hong Kong will pay is capped at 188 Hong Kong dollars, or US$24. There is no price cap for institutional investors, who are expected to take 97.5% of the new shares.
The new shares are expected to start trading on Nov. 26 under the ticker 9988, the company said.
NYSE should remain the main exchange for Alibaba shares even after the Hong Kong listing.
A person familiar with the matter told Barron’s that there likely won’t be a large amount of trading between existing ADSs and the Hong Kong-listed ordinary shares, because the U.S. market still has better liquidity and access to global investors. Making such trades might also cause tax complications.
The listing isn’t a response to concern that the U.S. will restrict capital investment in Chinese companies.
Amid the escalation of the U.S.-China trade war earlier this year, investors have been worrying about the decoupling of the world’s two largest economies—not just for technology, but also in terms of capital. There have been reports about the U.S. potentially restricting government pensions from investing in China and delistings of Chinese companies traded on U.S. exchanges.
Although Alibaba’s Hong Kong listing could in some way mitigate that risk, it was not the main reason why the company went ahead, according to a person familiar with the matter. These events are all relatively recent, said the person, and Alibaba has been contemplating a Hong Kong listing for years.
When the e-commerce giant went public in 2014, it wanted to list in Hong Kong. But the local exchange didn’t allow Alibaba’s dual-class capital structure at that time. The Hong Kong exchange loosened its rules last year, and many Chinese companies have since offered shares on the bourse. Alibaba said in a Thursday statement that the company wants to tap a wider investor base and capital pool across Asia.
A Hong Kong listing will bring Alibaba closer to home, and that’s a good thing.
The Hong Kong-listed shares will not only be available to global institutional investors, but also to the city’s local retail investors. The Stock Connect program, linking the Hong Kong, Shanghai, and Shenzhen stock exchanges, also allows mainland China’s investors to trade securities in Hong Kong, and vice versa.
Alibaba is planning to apply for eligibility in the Stock Connect channel after the Hong Kong listing. This will make it easier for Chinese citizens—who are mostly Alibaba customers and have a better understanding of its business—to invest and participate in the company’s growth.
Alibaba isn’t so concerned about the unrest in Hong Kong.
Hong Kong’s antigovernment protests have lasted for months and descended into widespread violence. The chaos intensified this week, as protesters marched in the city’s business district and set up barricades on university campuses. One man was shot by the police and another was set on fire by protesters. The economy has fallen into its first recession since the global financial crisis in 2009.
Alibaba’s listing amounts to a vote of confidence in the city. “During this time of ongoing change, we continue to believe that the future of Hong Kong remains bright,” CEO and Chairman Daniel Zhang wrote in a letter included in the company’s supplementary prospectus. Zhang called Hong Kong “one of the world’s most important financial centers” and made no mention of the unrest.
Hong Kong’s stock market remains open. As of the close of trading on Friday, the Hang Seng Index was up nearly 2% this year, compared with the nearly 25% gain in the S&P 500 and a 16% increase in China’s Shanghai Composite index. From June to October this year, 66 companies were newly listed on the Hong Kong stock exchange, compared with 92 in that span in 2018.
Do you think the forward split will coincide with listing?
Great posts, do you think the forward split will coincide with listing?
Old news but....
Here's what investors in Alibaba (NYSE:BABA) need to know about the stock split proposal. The Alibaba stock split would have the company dividing one share into eight shares. ... If shareholders approve of the stock split, the Alibaba says that it will occur no later than July 15, 2020.Jun 17, 2019
Alibaba Group Generated $12B of GMV in the First Hour of the 2019 11.11 Global Shopping Festival
7:37 pm ET November 10, 2019 (Benzinga) Print
Alibaba Group Holding Limited (NYSE: BABA) today kicked off the 2019 11.11 Global Shopping Festival at midnight in China. In the first minute and eight seconds, GMV settled through Alipay reached US$1.0 billion (RMB7.0 billion). In the first hour, GMV settled through Alipay reached US$12.0 billion (RMB84.0 billion).
In the hours leading up to the shopping event, Alibaba's video streaming platform Youku hosted the fifth annual countdown gala, which included interactive performances from Taylor Swift and other international and domestic celebrities. Hosted at the Mercedes-Benz Arena in Shanghai, the gala was broadcast live across nearly 30 platforms and TV channels.
Not true, some are philanthropist sharing their humor.
I understand, it’s just the latest news is not mentioning the split.
Good News...what about the split?
Alibaba Readies Up to $15 Billion Hong Kong Listing
4:56 am ET November 8, 2019 (Dow Jones) Print
By Stu Woo and Julie Steinberg
Alibaba Group Holding Ltd. is aiming to raise $10 billion to $15 billion in a second listing in Hong Kong as soon as this month, according to people familiar with the matter, reviving the planned offering even as the city's political climate remains unstable.
The online-retailing giant, which is China's most valuable company by market capitalization, is planning to launch the share sale after its Nov. 11 "Singles Day" shopping festival, the Chinese equivalent of Black Friday. Alibaba expects to seek approval from Hong Kong's stock exchange next week and launch the share sale shortly afterward, the people said.
A listing of $10 billion or more would surpass Uber Technologies Inc. as the biggest stock offering so far this year, although it could quickly be overtaken by oil producer Saudi Aramco's initial public offering.
A successful listing would further bolster the finances of an already soaring company. Hangzhou-headquartered Alibaba, which has a market value of nearly half a trillion dollars, dominates China's online-retail industry and sales are continuing to swell. Last week, it reported quarterly sales of 119 billion yuan (about $17 billion) and a net income of 70.7 billion yuan, beating expectations.
It recently threw itself a lavish 20th-birthday bash at a stadium, which doubled as a retirement party for outgoing executive chairman Jack Ma, and hired pop star Taylor Swift to perform for its coming Singles Day.
Alibaba started Singles Day as a marketing gimmick in 2009. The company sold $30.8 billion worth of goods on Nov. 11 last year and is widely expected to shatter that record on Monday.
The Hong Kong listing would come five years after Alibaba's record-setting initial public offering in New York that raised $25 billion.
The company plans to use most of the proceeds from the Hong Kong share sale to expand its business in the face of increasing competition from fast-growing domestic rivals, according to one of the people. Competitors such as Pinduoduo Inc. and Meituan Dianping are challenging Alibaba in e-commerce, food delivery and other services. Alibaba on Friday said it raised its stake in a delivery-and-logistics company it controls, from 51% to 63%, with an investment of 23.3 billion yuan, or roughly $3.3 billion.
Bankers for the deal have met investors in recent weeks to sound out their interest in the offering, according to some of the people. Two people who were briefed about the upcoming deal said the company was considering selling shares at a single-digit percentage discount to its U.S.-traded stock.
Alibaba's U.S.-listed shares, known technically as American depositary receipts, have gained 36% in 2019, outperforming the S&P 500's 23% rise.
The Wall Street Journal in August reported that Alibaba pushed back its planned Hong Kong listing amid protests that created market instability and political uncertainty in the city. On Friday, the death of a student who had suffered injuries near the scene of a clash between police and protesters sparked fresh anger.
Alibaba's listing would also give Hong Kong's equity capital market a boost. The Hong Kong stock exchange, which in October dropped a nearly $37 billion bid for rival London Stock Exchange, handled $19.9 billion worth of IPO deals this year, according to Dealogic, putting it behind its U.S. peers Nasdaq's $31.2 billion and New York Stock Exchange's $25.68 billion.
Market sentiment has improved after U.S. and Chinese leaders in October took an initial step to cement a trade deal that had previously been derailed. Beijing on Thursday said the U.S. and China had agreed to roll back tariffs as part of a "phase one" trade accord, though there were conflicting reports from within the Trump administration as to whether there was a firm commitment.
Joanne Chiu contributed to this article.
Write to Stu Woo at Stu.Woo@wsj.com and Julie Steinberg at julie.steinberg@wsj.com
(END) Dow Jones Newswires
November 08, 2019 04:56 ET (09:56 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Well said!
Top pick for next week...
Here are the top stock trades we’re watching for Monday morning
By Bret Kenwell, InvestorPlace Contributor Nov 1, 2019, 3:24 pm EST
Top Stock Trades for Tomorrow No. 1: Alibaba (BABA)
Alibaba (NYSE:BABA) is barely in positive territory following its earnings report, but the technical setup is not that appealing.
Shares tried to break out over the $180 level, but failed to hold onto its gains. The silver lining here? BABA stock is still above short-term uptrend support (purple line), as well as its cluster of major moving averages between $171 and $173.
A move below uptrend support would negate the breakout, while a decline below its moving averages would be a sign of caution. Below $170 and uptrend support (blue line) is in play near $165.
Over $180 and the breakout is back on the table, with the first upside target being Friday’s post-earnings high, followed by the September high of $184.13.
How much weight does it have to carry?
Income - debt = weight.
The back is getting weaker.
Maybe this year....
NEWSOCTOBER 30, 2019 / 3:02 PM / UPDATED 2 HOURS AGO
Exclusive: Alibaba to resume Hong Kong listing plans as soon as November - sources
Julie Zhu, Joshua Franklin
4 MIN READ
HONG KONG/NEW YORK (Reuters) - Alibaba Group Holding Ltd (BABA.N) is eyeing a listing in Hong Kong as early as November to raise up to $15 billion, after political unrest put the move on ice earlier this year, people familiar with the matter said on Wednesday.
FILE PHOTO: A logo of Alibaba Group is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song
Alibaba’s listing would boost Hong Kong’s status as a major capital markets hub. After topping global rankings in 2018 for funds raised through IPOs, the city’s bourse fell behind the New York Stock Exchange and Nasdaq this year as a string of pro-democracy demonstrations led to clashes with authorities.
Alibaba plans to seek listing approval from Hong Kong Exchanges and Clearing Ltd (0388.HK) shortly after the Chinese e-commerce giant’s online retail frenzy Singles Day on Nov. 11, and may list its shares towards the end of November or in early December, the sources said.
The company expects to be in a position to forgo so-called pre-marketing meetings where it meets with institutional investors before a deal launch given its size and that many investors are already familiar with the company, the sources added. It is hoping to raise between $10 billion and $15 billion through the listing, Reuters has reported.
The sources cautioned that the plans are still subject to market conditions and requested anonymity as the matter is private.
Alibaba, which is already listed in New York, did not immediately respond to a request for comment. The company had been preparing to launch the listing in late August, but delayed it because of the political unrest.
Sector up Trtc down...what the heck?
Majority of MJ sector is up....
Beware: Alibaba IPO isn’t really selling Alibaba
What’s the value since this link?
Risk is fun!
Wow...54 posts!
If this stock is so bad during a recession what will happen after?
Hi Sleek, only red, sweet and juicy!
We are evolving in all countries, I believe or hope all are trying to improve.