Alibaba Group (9988.HK) - Nibbled small units at 122.10. It has retreated from 145 to 111.90 now trading in consolidation mode. Need a nice rebound to push the price back to 140.
Not a call to buy or sell!
Pls dyodd.
15th May 2025:
Net income attributable to ordinary shareholders surged 279% to 12.4 billion yuan in the quarter ended March 31 from 3.27 billion yuan in the year-ago.
Earnings per share soared 296% to 0.65 yuan from 0.16 yuan in the prior-year period.
Revenue for the quarter grew 7% year on year to 236.5 billion yuan from 221.9 billion yuan
Q4 FY2025 results, with revenue excluding Sun Art and InTime growing 10% YoY and adjusted EBITA increasing 36% YoY.
Cloud revenue growth accelerated to 18%, driven by robust AI-related demand.
The company is increasing investments in AI infrastructure and technologies to strengthen its global leadership. Alibaba Cloud saw AI-related product revenue maintain triple-digit growth for the seventh consecutive quarter.
The company approved an annual dividend of $1.05 per ADS and a special dividend of $0.95 per ADS, totaling $4.6 billion in cash dividends.
12th May 2025:
Alibaba Group(9988.HK) - Chart wise, bullish mode. She had managed to cover the Gapped at 122.24 likely to rise up to test 128.85 and above!
The 2nd Gapped at 128.85 if can cover with ease then we can see her rising up further towards 144-150 level.
Not a call to buy or sell!
Pls dyodd.
https://sporeshare.blogspot.com/2025/06/alibaba-group-9988hk-nibbled-small.html
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