BABA Nov 2024 65.000 call
- South China Morning Post
Chinese tech stars Alibaba, JD fuel convertible bond surge, likely 'precursor' to IPO rush
A recent boom in convertible bond sales is kindling hopes that Hong Kong's capital market is warming up after a years-long chill, with Wall Street banks readying themselves to bask in the glow. A combined US$10.5 billion in convertible bond offerings by Chinese tech leaders including JD.com, Alibaba Group Holding, Trip.com and Lenovo Group has swept the market in the past two weeks. As a result, total convertible bond issuance in Asia, excluding Japan, is on track to match 2023's total of US$13.
- Bloomberg
Banks Said to Urge Hong Kong to Be More Flexible on Convertible Bonds and Stock Buybacks
(Bloomberg) -- Major investment banks are asking Hong Kong’s stock exchange to allow companies with a primary listing in the city to do share buybacks and convertible bond sales simultaneously, people familiar with the matter said.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashBump Stock Ban Tossed Out by Supreme Court in Gun
- GuruFocus.com
Alibaba Group Holding Ltd's Dividend Analysis
Alibaba Group Holding Ltd (NYSE:BABA) recently announced a dividend of $0.66 per share, payable on 2024-07-12, with the ex-dividend date set for 2024-06-13. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Alibaba Group Holding Ltd's dividend performance and assess its sustainability.
