Tencent, Alibaba Steam Ahead After Shaking Off Regulatory Restraints [BNN Bloomberg (Canada)]
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: BNN Bloomberg
As the tech industry crackdown faded, the Chinese government has changed course and said it will support their overseas listings and funding needs. Tencent, Alibaba and JD.com Inc. are also stepping up share buybacks, urged by regulators to boost shareholder returns. Hon Hai Precision Industry Co.'s first quarter was challenging, indicated by a revenue slump of 9.6% as iPhone sales sagged, especially in China. The firm saw strong April sales, raising expectations for improving iPhone sales. In Japan, Rakuten Group Inc.'s mobile business remains a drag. It also faces a lukewarm shareholder reception and regulatory hurdles for plans to reorganize its fintech business. Sony Group Corp. should meet its fiscal-year operating profit goal, helped by a weak yen. In Southeast Asia, Lunar New Year travel and international passenger volumes would have helped Airports of Thailand Pcl's earnings. While Singapore Airlines Ltd. is also benefiting from travel demand, pressure on passenger yiel
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- 5/14/24 - Beat
BABA
Sec Filings
- 5/14/24 - Form 6-K
- 5/13/24 - Form 13F-HR
- 4/30/24 - Form 6-K
- BABA's page on the SEC website