For Institutions
About
Harbour Capital Advisors LLC acquired a new stake in Alibaba Group Holding Limited (NYSE:BABA) during the third quarter, purchasing 6,900 shares valued at approximately $1.25 million. Other institutional investors also increased their positions in Alibaba. The stock opened at $147.37 on Friday, with a market cap of $351.65 billion. Analysts have given the stock a 'Moderate Buy' rating with an average target price of $194.00.
The "hard" breakthrough of the B-end ecosystem?
As of noon, the main indices of the Hong Kong stock market maintained an upward trend, with the Hang Seng Index and the Hang Seng Tech Index oscillating at high levels but not breaking through recent highs. There is a clear sector divergence, with the internet content and information sector and the restaurant sector continuously attracting capital, while Tencent Holdings and Meituan performed outstandingly. The retail sector experienced increased volatility, driven by new AR products but showing significant divergence. Technology growth stocks such as optical fiber and robotics became market hotspots. Overall market sentiment is positive, with a rebound in consumer momentum driving capital towards related sectors
The three major indices of the Hong Kong stock market rose across the board, with the Hang Seng Index and the Hang Seng Tech Index continuing to strengthen, while the National Enterprises Index consolidated at a high level. The market style leaned towards the technology and communication equipment sectors, with leading stocks such as TENCENT and YOFC performing well, driving active capital. The year-on-year increase in retail sales boosted consumer confidence, and the market showed prominent characteristics of rotation and sector differentiation. High-elasticity stocks frequently exhibited significant gains, driving overall market sentiment and capital focusing on high-growth tracks
