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MarketScreener Homepage  >  Equities  >  Nyse  >  Alibaba Group Holding Limited    BABA

ALIBABA GROUP HOLDING LIMITED

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Foxconn Sells Alibaba Shares for $195.7 Million

10/21/2020 | 11:23pm EST

By Kosaku Narioka

Foxconn Technology Group said Thursday that it sold 630,000 shares of Alibaba Group Holding Ltd. in the U.S. for $195.7 million.

The Taiwanese electronics maker, formally known as Hon Hai Precision Industry Co., said it sold American depositary shares at $310.68 each and made investment gains of $130.1 million based on acquisition cost.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

10-21-20 2322ET

Stocks mentioned in the article
ChangeLast1st jan.
ALIBABA GROUP HOLDING LIMITED -1.02% 261.32 End-of-day quote.23.21%
FOXCONN TECHNOLOGY CO., LTD. -0.38% 52.2 End-of-day quote.-21.15%
HON HAI PRECISION INDUSTRY CO., LTD. -0.24% 82.7 End-of-day quote.-8.92%
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Financials
Sales 2021 699 B 107 B 107 B
Net income 2021 150 B 22 826 M 22 826 M
Net cash 2021 434 B 66 199 M 66 199 M
P/E ratio 2021 32,0x
Yield 2021 -
Capitalization 4 640 B 707 B 708 B
EV / Sales 2021 6,01x
EV / Sales 2022 4,48x
Nbr of Employees 122 399
Free-Float 99,7%
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Technical analysis trends ALIBABA GROUP HOLDING LIMITED
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Average target price 2 270,61 CNY
Last Close Price 1 714,83 CNY
Spread / Highest target 52,0%
Spread / Average Target 32,4%
Spread / Lowest Target 4,01%
EPS Revisions
Managers
NameTitle
Yong Zhang Executive Chairman & Chief Executive Officer
John Michael Evans President & Director
Wei Wu CFO, Director & Head-Strategic Investments
Li Cheng Chief Technology Officer
Chung Hsin Tsai Executive Vice Chairman
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