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Actions of Alibaba Group Holding Ltd in Hong Kong failed for 10% after the publication reportings Economics

November 20, 2021
Source: myseldon.com myseldon.com
News Snapshot:
Moscow, on November 19 - newspaper "Argumenty i fakty". Data of the Hong Kong stock exchange show that the value of the stock of the Chinese Alibaba Group Holding Ltd on Friday fell more than to 10% after the publication of the quarterly report which has not justified forecasts of analysts, transfers information agency "ITAR-TASS". It is reported that after opening of auctions securities fell in price for 10,13%, to 140,2 Hong Kong dollars ($18). It is noted that growth rates of revenue became minimum for the last six quarters. Company also reduced the forecast of the income by the...
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Tags: Alibaba | Antitrust | Chinese | data | Economy | Hong Kong | Hong Kong Stock Exchange | IT | KONG | media intelligence | Moscow | news | News Media | newspaper | online shopping | report | revenue | Russia | stock | stock exchange | violation

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