|Bid||118.27 x 1000|
|Ask||118.47 x 4000|
|Day's Range||116.81 - 119.70|
|52 Week Range||58.01 - 129.40|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||159.97|
|Earnings Date||Feb 22, 2023 - Feb 27, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||142.64|
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The country's stocks are up 50% since officials eased Covid restrictions. Alibaba, Yum China, and other names stand to gain.
Fidelity Investments again slashed Alibaba Group Holding Limited's (NYSE: BABA) fintech affiliate Ant Group Co's valuation more than two years after China blocked the fintech giant's initial public offering plans. Fidelity pared its estimate for Ant by about 9% to about $63.8 billion as of the end of November from the end of May, Bloomberg reports. Ant was worth $235 billion just before China suspended Ant's IPO in November 2020. China quashed Ant's $34 billion-plus IPO in 2020 at the last momen
Alibaba stock has rallied sharply amid renewed signs of accumulation as investors bet on better times ahead for the Chinese juggernaut.