Problems and downward trend for Alibaba Group

13.08.2015 / 11:30

Rating:

Hangzhou, China, August 12, 2015 – Alibaba Group Holding Limited (NYSE: BABA) yesterday announced itsfinancial results for the quarter ended June 30, 2015.

The publication caused a decrease of nearly 8%. It is the largest since the collapse of November 2014 (-35%). This decrease is due to the growth retardation.

Analysis shows as reasons for the company's problems: saturated Chinese market for online commerce; strategic shift towards mobile services but carry significantly lower advertising income; oversupply in online supply in major cities of China; general slowdown of the Chinese economy and the export decline.

Along with the report, Alibaba announced its intention to repurchase shares in a volume of $ 4 billion., for the next two years.

The current BABA price is $ 73.38 at 52W Range = $ 76.15 - $ 120.00; Volatility = 3.11% (week) and 2.28% (month) and Current Value At Risk of -3,8896. The downward trend is likely to continue.

Varchev Traders

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Problems and downward trend for Alibaba Group

London

Universal numbers