Goldman Sachs expects ALI HEALTH (00241.HK) stock price to experience short-term fluctuations, maintaining a "neutral" rating.

Goldman Sachs published a research report stating that Alibaba (09988.HK) (BABA.US) announced the issuance of over 12 billion yuan zero-coupon convertible bonds (CB), which can be exchanged for shares of ALI HEALTH (00241.HK), with an initial conversion price equivalent to 6.23 yuan per share of ALI HEALTH, at a premium of 37.8% compared to its previous closing price. Goldman Sachs estimates that if fully converted, it will amount to 1.926 billion shares of ALI HEALTH, accounting for about 12% of its issued capital. This bond issuance may lead to short-term fluctuations in the stock price of ALI HEALTH, but it will also increase the liquidity of ALI HEALTH shares.

AASTOCKSJul 7 11:39

Citi in "The Great Company": ALI HEALTH (00241.HK) may face pressure in the short term.

Citigroup stated that Alibaba (09988.HK) announced the issuance of zero-coupon exchangeable Bonds worth HKD 12.023 billion, due on July 9, 2032, with shares of ALI HEALTH (00241.HK) as reference. Although there are still seven years until maturity, this event may reduce Alibaba's equity stake in ALI HEALTH by up to 12 percentage points, from 64% to 52%. The conversion price is HKD 6.23, representing a 38% premium over the closing price on July 3. The firm believes this premium reflects Alibaba's optimistic attitude towards ALI HEALTH and that ALI HEALTH will continue to be a flagship of Alibaba.

AASTOCKSJul 7 11:17

ALI HEALTH (00241) shareholders have deposited Stocks into UBS Securities Hong Kong Limited with a Market Cap of 8.261 billion Hong Kong dollars.

On July 4th, ALI HEALTH (00241) Shareholders deposited Stocks into UBS Securities Hong Kong Limited, with a Market Cap of 8.261 billion HKD, accounting for 11.33%.

Zhitong FinanceJul 7 08:09

CITIC SEC: The market has a bit of the flavor of the end of 2014, with only a spark of catalyst missing.

The current market environment and sentiment bear some resemblance to the end of 2014, including: investors have already accumulated a certain degree of profit in Hong Kong stocks, small and micro-cap stocks, and specific industry sectors, with new product launches starting to show a moderate recovery; earnings expectations for non-financial sectors are approaching the bottom, and investor patience has improved, although confidence still needs to be restored; anti-competition and boosting domestic demand have become explicit policy goals, and it is only a matter of time before specific policies and adjustments in thinking are introduced. The 15th Five-Year Plan may outline new policy directions. The market currently lacks only a catalytic spark, which could be an unexpected policy move from China and the U.S., or new developments in the technology sector. From a portfolio allocation perspective, mid-year

Futu NewsJul 7 07:35

Institutions: The Hong Kong stock market has had significant gains so far this year, and the valuation of Chinese Internet companies still holds attractiveness.

The current valuation of domestic Internet companies has not fully reflected the expectations for AI, and leading domestic Internet enterprises are expected to continue bridging the gap in AI technology capabilities with global leaders.

Zhitong FinanceJul 6 09:11

This week's Hong Kong stock market hot stocks | New stocks are surging! Cloud's earnings have increased by over 60%, the parent company of 'if coconut water' IFBH has risen nearly 50%; Shandong Nanshan Aluminium International has increased by over 30%, wi

CHONGQING IRON saw a weekly increase of over 43%, with Institutions noting that the decline in steel mill costs has been quite significant, leading to a recovery in profit levels.

Futu NewsJul 5 11:00