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Explore EXCAVO PRO: Indicators + My PositionsWhat Is Holding Back Alibaba Exponential Growth
The Chinese company Alibaba Group owns more than 900 enterprises, generates a turnover of almost $ 400 billion, and creates tens of millions of jobs.
Alibaba was recently set to conduct the largest IPO in history, bringing its subsidiary Ant Group fintech service to two exchanges at once - Shanghai and Hong Kong. During the IPO, the company planned to raise at least $ 34 billion.
Trading in securities was supposed to begin on November 5, but two days before the start of trading, the IPO was suspended by the Chinese government. As a result, Alibaba shares fell in value.
Alibaba's quarterly revenue beats all the forecasts of the analysts. A big increase is expected in connection with the Black Friday and Cyber Monday holidays.
The latest news: Alibaba will help the government build electric vehicles and has been laying the groundwork for this for more than 5 years by working with the Chinese state-owned automaker SAIC Motor.
Technically, Alibaba is currently in an uptrend, the price is moving in the channel and exponential growth is just around the corner.
Best regards EXCAVO
The Chinese company Alibaba Group owns more than 900 enterprises, generates a turnover of almost $ 400 billion, and creates tens of millions of jobs.
Alibaba was recently set to conduct the largest IPO in history, bringing its subsidiary Ant Group fintech service to two exchanges at once - Shanghai and Hong Kong. During the IPO, the company planned to raise at least $ 34 billion.
Trading in securities was supposed to begin on November 5, but two days before the start of trading, the IPO was suspended by the Chinese government. As a result, Alibaba shares fell in value.
Alibaba's quarterly revenue beats all the forecasts of the analysts. A big increase is expected in connection with the Black Friday and Cyber Monday holidays.
The latest news: Alibaba will help the government build electric vehicles and has been laying the groundwork for this for more than 5 years by working with the Chinese state-owned automaker SAIC Motor.
Technically, Alibaba is currently in an uptrend, the price is moving in the channel and exponential growth is just around the corner.
Best regards EXCAVO
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EXCAVO PRO: 13 indicators + my market research and position updates.
Subscribe on TradingView:
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My Telegram:
t.me/ceoexcavo
Trading Tournament pnl.world/auth?ref=90144806
Subscribe on TradingView:
tradingview.com/scripts/marketplace/EXCAVO/
My Telegram:
t.me/ceoexcavo
Trading Tournament pnl.world/auth?ref=90144806
相关出版物
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
