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Alibaba Group Holding Ltd. ( (HK:9988) ) has issued an announcement.
Alibaba Group Holding Limited announced that its shareholder, SoftBank Group Corp., has filed a Schedule 13G with the U.S. Securities and Exchange Commission to report its beneficial ownership in Alibaba as of March 31, 2025. This filing is a regulatory requirement for entities owning more than 5% of a security listed on a U.S. national securities exchange. The announcement underscores the importance of regulatory compliance and transparency in Alibaba’s operations, potentially impacting investor perceptions and market dynamics.
The most recent analyst rating on (HK:9988) stock is a Buy with a HK$106.00 price target. To see the full list of analyst forecasts on Alibaba Group Holding Ltd. stock, see the HK:9988 Stock Forecast page.
More about Alibaba Group Holding Ltd.
Alibaba Group Holding Limited is a multinational conglomerate holding company specializing in e-commerce, retail, internet, and technology. It operates various businesses worldwide, focusing on providing consumer-to-consumer, business-to-consumer, and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines, and cloud computing services.
Average Trading Volume: 138,507,103
Technical Sentiment Signal: Buy
Current Market Cap: HK$2355.2B
For detailed information about 9988 stock, go to TipRanks’ Stock Analysis page.