Alibaba Group Holding’s Stock Price Dips to 103.80 HKD, Recording a Slight Decline of 0.95%

Alibaba Group Holding (9988)

103.80 HKD -1.00 (-0.95%) Volume: 170.48M

Alibaba Group Holding’s stock price stands at 103.80 HKD, experiencing a slight dip of -0.95% this trading session with a trading volume of 170.48M, however, it showcases a promising year-to-date (YTD) growth of +25.97%, indicating a resilient market performance.

Latest developments on Alibaba Group Holding

Alibaba Group Holding Ltd. (BABA) experienced a drop in stock price today, influenced by various key events. The tech giant’s shares plunged 32% since March peak due to escalating US-China trade tensions and Trump’s tariff moves. Citigroup issued a pessimistic forecast for Alibaba’s stock price, leading to a rating downgrade. However, founder Jack Ma remains focused on responsible AI, advocating for human-centered technology. Despite the challenges, Alibaba continues to provide upgraded AI models and bet big on AI with new cloud tools. With analysts divided on the stock’s performance, the market remains uncertain about Alibaba’s future amidst ongoing geopolitical issues.

Alibaba Group Holding on Smartkarma

Analysts on Smartkarma have been closely monitoring the coverage of Alibaba Group Holding. Gaudenz Schneider‘s analysis of Alibaba’s multi-leg option strategies on the HK Exchange shows traders taking calculated bets with long volatility strategies, including Calendar and Diagonal Spreads. The traders tailor structures to risk budgets and take calculated bets, with almost 20% of all strategies being Calendar or Diagonal Spreads. On the bullish side, Schneider also highlighted trends in CALL strikes and open interest, indicating active trading in the 150-170 strike range as lower in-the-money calls were closed, and higher out-of-the-money strikes gained popularity.

Additionally, Travis Lundy’s bearish perspective on Alibaba focuses on the HK Connect SOUTHBOUND flows, where huge volumes and net buys on blue chips and tech-y names were observed. Lundy noted a record NET buying by SOUTHBOUND at HK$75bn, with significant back-and-forth trading. Last week, Lundy flipped to short Alibaba and anticipates sentiment may worsen before improving, choosing to stay short on Alibaba for the time being. These insights offer a comprehensive view of analyst coverage on Alibaba Group Holding available on Smartkarma.

A look at Alibaba Group Holding Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Alibaba Group Holding, a company that provides online sales services globally, is showing a positive long-term outlook based on its Smartkarma Smart Scores. With high scores in Growth, Resilience, and Momentum, the company seems to be in a good position for future success. This indicates that Alibaba Group Holding is well-positioned for future growth and has shown strong resilience and momentum in the market.

While Alibaba Group Holding may not score as high in Value and Dividend, its strong performance in Growth, Resilience, and Momentum suggests that the company has a promising future ahead. As a provider of internet infrastructure, electronic commerce, online financial, and internet content services, Alibaba Group Holding continues to expand its products and services globally. Overall, the Smartkarma Smart Scores point towards a positive outlook for Alibaba Group Holding in the long term.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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