Tag Archives: baba stock price

Chinese e-commerce giant Alibaba is making swift moves to list its shares on the Hong Kong Stock Exchange. However, amidst high demand, Alibaba has planned to close its books early for institutional investors, reports CNBC.As per the report, the e-commerce giant plans to close its books by 12 PM ET on Tuesday, November 19. The sources familiar with the matter said that the book’s closure will happen half-day before the earlier schedule. This is clearly indicative of the fact that investors...

This week was pretty severe when talking about tariffs the US imposed on Chinese goods lifting it every day more and more. When talking about US-China trade war, it’s important to stress out that this is something that started happening already back in the 80’s. However, since Donald Trump is sitting in the White House, the situation is slowly getting out of control – but really.We can all understand that one’s statesman policy can be about buying more local products, tightening import,...

After the close of a successful deal, a third of Jack Ma’s online financial services provider, Ant Financial, is now owned and controlled by Alibaba Group Holding Ltd (BABA). The deal is more than a few years in the making as it was first proposed that both giant companies initiate much stronger collaborative efforts more than five years ago. Both companies were started by Ma.Originally starting as Alipay, Ant Financial was founded back in 2004 and by 2013, it had overtaken PayPal as the...