---
title: "With the support of the \"Black Myth\" IP, Miniso is surging; Alibaba still has a repurchase quota of $207 million | Today's important news review"
description: "0103 Dolphin's focus: 🐬 Individual stock 1, $Alibaba(BABA.US) On January 2, Alibaba announced an update on its share repurchase. As of December 31, 2024, Alibaba has repurchased a total of 119 millio"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/26417579.md"
published_at: "2025-01-03T08:21:19.000Z"
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

# With the support of the "Black Myth" IP, Miniso is surging; Alibaba still has a repurchase quota of $207 million | Today's important news review

## 0103 **Dolphin's Key Focus:**

### **🐬 Individual Stocks**

**1.** $Alibaba(BABA.US)

On January 2, Alibaba announced an update on its share repurchase. As of December 31, 2024, Alibaba repurchased a total of 119 million shares of common stock at a total price of $1.3 billion, equivalent to 15 million American Depositary Shares. There remains a repurchase capacity of $20.7 billion under the share repurchase plan for the fiscal year 2024. Coupled with Alibaba's recent frequent asset sales and a clearer strategic focus on core business development, this has injected new confidence into the market. Alibaba rose over 1% today.

**2.** $Miniso(MNSO.US)

"Top IP mover" Miniso announced a collaboration with the popular game "Black Myth: Wukong" to explore new ways of IP cooperation, with co-branded products expected to launch in 2025. In a recent interpretation titled "[Miniso: The Origin of the '10 Yuan Store', The Ultimate Fate of IP Retail Hits?](https://longportapp.cn/zh-CN/topics/26365840)," Dolphin has fully demonstrated Miniso's business model focusing on IP strategy. The endorsement from "Black Myth: Wukong" will continue to provide short-term catalysts for Miniso. Miniso surged over 8% today.

### **🐬 Leading Sectors**

**Shanghai and Shenzhen:** Gold, motorcycle manufacturers, oil and gas exploration and production;

**Hong Kong Stocks:** Timber products, tobacco, hardware storage and peripherals;

**U.S. Stocks:** Shipping ports operators, silver, precious metals and mining.

### **🐬 Attention Next Monday**

**1.** China Caixin Services PMI;

**2.** U.S. S&P Global Services PMI final value, U.S. factory orders month-on-month.

Risk disclosure and statement of this article: [Dolphin Investment Research Disclaimer and General Disclosure](https://support.longbridge.global/topics/misc/dolphin-disclaimer)

### Related Stocks

- [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md)
- [89988.HK - BABA-WR](https://longbridge.com/en/quote/89988.HK.md)
- [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md)
- [HBBD.SG - Alibaba HK SDR 5to1](https://longbridge.com/en/quote/HBBD.SG.md)
- [MNSO.US - Miniso](https://longbridge.com/en/quote/MNSO.US.md)
- [09896.HK - MNSO](https://longbridge.com/en/quote/09896.HK.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.