Trade Alibaba Group Holding Limited - 9988 CFD

Trading Conditions
Spread0.3
Long position overnight fee
Long position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
-0.022639 %
(-HK$0.90)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


-0.022639%
Short position overnight fee
Short position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
0.000721 %
(HK$0.00)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


0.000721%
Overnight fee time21:00 (UTC)
CurrencyHKD
Min traded quantity1
Margin20
Stock exchangeHong Kong
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close75.9
Open79.3
1-Year Change-3.41%
Day's Range78.4 - 79.6

Alibaba Group Company profile

About Alibaba Group Holding Ltd

Alibaba Group Holding Ltd is a holding company that provides the technology infrastructure and marketing reach to help merchants, brands and other businesses to leverage the power of new technology to engage with users and customers to operate. The Company operates four business segments. The Core Commerce segment provides China retail, China wholesale, International retail, International wholesale, Cainiao logistics services and local consumer services through Taobao Marketplace and Tmall. The Cloud Computing segment provides complete suite of cloud services, including database, storage, network virtualization services, big data analytics and others. The Digital Media and Entertainment segment provides consumer services beyond the core business operations. The Innovation Initiatives and Others segment is to innovate and deliver new services and products.

Financial summary

BRIEF: For the nine months ended 31 December 2021, Alibaba Group Holding Ltd revenues increased 22% to RMB649.01B. Net income decreased 54% to RMB70.94B. Revenues reflect Core commerce segment increase of 14% to RMB523.64B, Cloud computing segment increase of 28% to RMB55.6B. Net income was offset by Unallocated segment loss increase from RMB12.59B to RMB33.96B, Core commerce segment income decrease of 12% to RMB119.11B.