BUZZ-Alibaba's HK stock drops on Q4 revenue miss

Reuters
05-16
BUZZ-Alibaba's HK stock drops on Q4 revenue miss

** HK shares of Alibaba 9988.HK drop 6.7% to HK$120.3; on course for biggest one-day pct decline since April 7

** Stock hits lowest since May 8; top pct loser on Hang Seng Index .HSI and Hang Seng Tech Index .HSTECH

** U.S.-listed stock BABA.N fell 7.6% on Thursday

** Chinese e-commerce major posted Q4 revenue below analysts' estimate as it works on new strategies to keep consumers spending amid persistent economic weakness in China, tariff uncertainty

** Jefferies maintains "buy", but trims U.S. stock's PT to $156 from $160

** Citi keeps "buy"; views co as a proxy to China AI and macro rebound

** YTD, Hong Kong stock gains 48.9%, U.S. shares rise 46.1%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10