CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.31% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Past Performance: Past Performance is not an indicator of future results.
Alibaba Group
Alibaba is a large Chinese e-commerce conglomerate founded by Jack Ma in 1999 whose mission is to "make it easy to do business anywhere." [1] The company is made up of nine major subsidiaries, including cloud computing, digital media and entertainment, and innovation initiatives. It went public on the New York Stock Exchange in 2014 through what at the time was the largest initial public offering ever.[2]
Alibaba, which trades under the symbol BABA, also owns a 33% stake in Ant Group, a large financial services company that was created in 2004 and spun off in 2014. Ant is the parent company of Alipay, China's largest mobile payments platform.[3]
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The Australian All Ordinaries Index, commonly referred to as "All Ords," tracks the performance of the 500 largest companies listed on the Australian Securities Exchange (ASX) based on market capitalisation.[1] The…
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Retrieved 08 Mar 2021 https://www.alibabagroup.com/en/about/overview |
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Retrieved 08 Mar 2021 https://www.nyse.com/network/article/Alibaba-Lists-on-the-NYSE |
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Retrieved 15 Apr 2021 https://www.fastcompany.com/90568353/chinese-fintech-giant-ant-group-sets-share-price-in-record-setting-ipo |
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Retrieved 08 Mar 2021 https://www.alibabagroup.com/en/about/overview |
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Retrieved 08 Mar 2021 https://www.nyse.com/network/article/Alibaba-Lists-on-the-NYSE |
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Retrieved 15 Apr 2021 https://www.fastcompany.com/90568353/chinese-fintech-giant-ant-group-sets-share-price-in-record-setting-ipo |
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