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BABA-W Becomes CN Investors' Darling, Receiving HKD13.5B of Purchase Last Week
BABA-W (09988.HK) has become the most popular investment among Chinese investors, according to exchange data reported by Bloomberg. Last week, a total of HKD13.5 billion worth of B...
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BABA-W Becomes CN Investors' Darling, Receiving HKD13.5B of Purchase Last Week
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BABA-W (09988.HK)  +7.800 (+5.443%)    Short selling $5.60B; Ratio 21.604%   has become the most popular investment among Chinese investors, according to exchange data reported by Bloomberg. Last week, a total of HKD13.5 billion worth of BABA-W shares were purchased through the Stock Connect.

The net purchase volume for the week already surpassed the total purchases of recent months and is set to reach the highest single-month purchase volume since April.

Related NewsHSBC Research: BABA-W Envisions Immense Drop in Instant Retail Losses by End-Dec; Multiple AI Tools Developed to Optimize Shopping Experience
BABA-W stock price has rallied 18% MTD, making it the best-performing constituent in the HSTECH. Since BABA-W announced its quarterly results, at least 20 analysts raised their target prices, with an average forecast that the stock price will rise to HKD160.18 in the next year.

BABA-W stock price thrived today (8th), last soaring 4.48% to HKD137.7, with a trading volume of 137 million shares, involving HKD18.616 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-12 16:25.)

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