Alibaba'S Market Value Is About To Exceed 3 Trillion Hong Kong Dollars
Alibaba The strong growth momentum of the stock price has become the biggest highlight of China Concept stocks recently. After the opening of the New York Stock Exchange tonight (Beijing time), Alibaba's market value is expected to exceed 3 trillion Hong Kong dollars.
According to the World Clothing, Shoes and Hats Network, Alibaba's share price has risen above US $150 last Friday, closing at a record high of US $151.83, with a market value of US $384 billion, about HK $2996.47 billion, just a step away from HK $3 trillion.
As the other pole of "AT", Tencent closed today at 285 Hong Kong dollars per share, with a market value of 2701.74 billion Hong Kong dollars, which continues to widen the gap with Ali.
On June 8, Alibaba's share price reached US $142.3, surpassing Tencent (US $332.3 billion) with a total market value of US $360 billion, becoming the largest company in Asia in terms of market value. In the following more than a month, Alibaba's value grew by more than 24 billion dollars, which was sought after by investment institutions. It was called "Baidu (65.477 billion dollars) and JD (59.63 billion dollars) rose by less than half a month" by the market.
Since this year, Alibaba's share price has soared by 65%, and in the past year, the increase has been as high as 77%. Unconsciously, investors found last week that Alibaba's share price had exceeded Apple's.

According to the latest research report of China Merchants Securities, Alibaba is increasingly becoming a data centric enabler brand And retailers, especially marketing management , payment, data analysis, logistics and cloud service infrastructure providers. In terms of core e-commerce, cloud computing, big data and artificial intelligence, it is recommended to "buy", with an initial target price of $190. Deutsche Bank raised the target share price of Alibaba to $201, which is expected to continue to rise.
The "five innovations" that Alibaba has recently fully promoted and the "Made in" that highly fit the new supply side construction Internet”, It also injects confidence into the market. Investment institutions believe that under a clear strategy and layout, Alibaba's market value support will become more stable.
Alibaba reconvened the online business conference on July 11, and announced the establishment of the "five new executive committee", with CEO Zhang Yong as the chairman, leading all the forces in Alibaba's ecosystem to devote themselves to building the "five new".
This highest level of structural adjustment is widely regarded as a clear strategic signal of Ali. In five aspects of new retail, new manufacturing, new finance, new technology and new energy, Ali will build a complete new economic infrastructure, whose value is even more important than Google's building of Internet infrastructure.
Alibaba's ecology and "five new" infrastructure can realize digitalization for all businesses, so as to gain insight into users, obtain data, and use data to guide manufacturing and promote manufacturing reform. Zhang Yong believes that only through big data driven reform can we truly achieve new supply side construction and meet the demand for consumption upgrading. Alibaba's ecology and the "five new" as the infrastructure can realize digitalization for all businesses, so as to gain insight into users, and use data to guide manufacturing and promote manufacturing reform.
Last Friday, Ma Yun and Zhang Yong showed up at the Shanghai Jinqiao store of Hema Xiansheng to disclose the "blood relationship" between Hema Xiansheng and Alibaba for the first time. As one of the samples of Alibaba's new retail, Hema Xiansheng has brought better experience to consumers. Once launched, it has become an "online celebrity", and its flat efficiency has reached 2-3 times that of traditional supermarkets. Its online offline integration mode is the result of "five new", and also the best verification of the "five new" strategy.
DB is optimistic about the prospect of Tmall's new retail strategy that Alibaba is deeply cultivating. "Through cooperation with Hema, Intime Department Store and other partners, Alibaba clearly hopes not only to channel offline traffic online, but also to comprehensively digitize retail operations."
These changes have greatly improved the confidence of investors. Moreover, "Five New" and "Made In" The "Internet" strategy is highly consistent with the supply side reform that the country is trying to promote, and it is also the basis of the new economy that Ali advocates and participates in.
On the basis of the "five new", Alibaba will help global SMEs break the limitations of online and offline and the separation of physical space, and enter Made In in the mode of e-Business operation In the new era of the Internet, a new economy of interdependence and synergy has been formed.
According to Alibaba's strategy, there is huge room for future development. At the online business conference, Ma Yun said that by 2036, Alibaba will work with small businesses and consumers to build the world's fifth largest economy, serving 2 billion consumers and making 10 million enterprises profitable. Alibaba will help small and medium-sized enterprises and consumers around the world to realize global sales, global purchases, global payments and global transportation.
For more wonderful reports, please pay attention to the World Clothing, Shoes and Hats Network.
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