0.9920.30% ( -0.003 )
Delay Closed: Nov 13, 15:00:00News
Weekly Recap | BABA-W -13.43%, plans T-Head spin-off
Weekly Review·- Alibaba - W experienced a 13.43 % weekly decline to close at 90.55 HKD amid significantly amplified trading volumes. - The company announced plans to spin off its AI chip unit, T-Head, for an independent listing on the main board of the Hong Kong Stock Exchange. - Institutional sentiment remains largely positive with a consensus strong buy rating and an average target price of 176.77 HKD.
