Alibaba Group faces anti-trust investigation

  • The probe is part of an accelerating crackdown on anticompetitive behaviour in China's booming internet space and it follows its November suspension of Ant Financial's planned $37bn IPO
  • Shares of Alibaba in Hong Kong fell nearly 9%, their lowest since July
  • Regulators have warned Alibaba about its practice of requiring merchants to sign exclusive cooperation pacts which prevents them from offering products on rival platforms
  • This is not Alibaba ’s only worry since China has also announced probes into mergers involving Alibaba and Tencent Holdings
  • Jack Ma has kept a low profile since a late October forum in Shanghai where he called out China's prohibitive regulatory system, setting off a chain of events that led to the shelving of Ant's IPO

    Expectations Alibaba

    Over the current book year the company from Hangzhou could achieve a revenue around 702,61 billion USD (consensus estimates). This is quite more than 2019's revenue of 509,71 billion USD.

    Historical revenues and results Alibaba plus estimates 2020


    The analysts expect for 2020 a net profit of 186,68 billion USD. For this year the consensus of Alibaba 's result per share is a profit of 67,81 USD. So the price/earnings-ratio equals 3,27.

    For this year analysts don't expect the company to pay a dividend. The average dividend yield of the internet companies is a low 0,23 percent.

    Recent target prices around 339 USD

    The latest 3 recommendations for the internet company were provided by KBC Securities, Bank of America Merrill Lynch and Susquehanna.

    Alibaba 's market capitalization is around 4594,62 billion USD. The Alibaba stock was the past 12 months quite unstable. Since last December the stock is 3 percent higher. This year the stock price moved between 170 and 319 dollar.

    Historical stock prices Alibaba

    fundamental data alibaba

    Click here for dividend Alibaba. On Thursday the stock closed at 222 USD. Nieuwsdienst: +31 084-0032-842

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