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An update from Alibaba Group Holding Ltd. ( (HK:9988) ) is now available.
Alibaba Group Holding Ltd. announced the filing of a Form 13F with the U.S. Securities and Exchange Commission for the quarter ended December 31, 2024. This filing, required for companies with investment discretion over more than US$100 million in equity securities, reflects Alibaba’s role as an institutional investment manager, despite its primary business not being investment management. The announcement underscores Alibaba’s transparency in its investment activities and may have implications for its stakeholders by providing insights into its investment strategy and holdings.
More about Alibaba Group Holding Ltd.
Alibaba Group Holding Ltd. is a multinational conglomerate primarily operating in the e-commerce industry, providing online retail, technology, and digital payment services. It is known for its expansive market presence through platforms like Alibaba.com, Taobao, and Tmall, and its shares are traded on the New York Stock Exchange under the symbol BABA.
YTD Price Performance: 50.61%
Average Trading Volume: 77,813,715
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$2358.8B
For an in-depth examination of 9988 stock, go to TipRanks’ Stock Analysis page.
