Economy Takes Center Stage, Prompting The PBOC To Take Action [Forbes]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Forbes
China Last NightKraneSharesKey NewsAsian equities were mixed overnight as India was closed for Independence Day and South Korea was closed for Liberation Day. Mainland China and Hong Kong both bounced around the room to close lower.Once again, given the same information, onshore China (Shanghai and Shenzhen, which are 95% owned by investors in China) held up better than Hong Kong stocks, which are predominately held by foreign investors. Friday’s announcement that five US-listed state-owned enterprises (SOEs) would delist from the New York Stock Exchange weighed on sentiment. Removing the SOE ADRs paves the way for a solution to the Holding Foreign Companies Accountable Act (HFCAA). There are 273 US-listed Chinese ADRs and seven of them are SOEs. What is the chance that 5 for 5 of the companies announcing a delisting happen to be SOEs?! For over a year, we have advocated for SOEs to delist to allow private companies to adhere to the HFCAA. While not universal and especially not in Asi
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BABA
Earnings
- 2/7/24 - Beat
BABA
Sec Filings
- 4/2/24 - Form 6-K
- 3/26/24 - Form 6-K
- 2/23/24 - Form 20-F/A
- BABA's page on the SEC website