Trade Alibaba Group Holding Limited - 9988 CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.5
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.01846 %(-HK$3.70)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.01846%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.00346 %(-HK$0.70)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.00346%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 0.5%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.01846 %
  (-HK$3.70)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.00346 %
  (-HK$0.70)

Key Stats

• Prev. Close: 106.5
• Open: 109.7
• 1-Year Change: -31.99%
• Day's Range: 108.3 - 110.6

Trade Alibaba Group Holding Limited - 9988

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.