Alibaba Market Value Exceeds WAL-MART

Investors are also weighing the growth prospects of the global economy. Chinese stocks are mixed. On the eve of the earnings announcement, Alibaba shares rose 3.25%, breaking for the first time to 100 dollars and closing at 101.80 dollars. market value Accordingly, it reached $250 billion 940 million, which has exceeded the current market value of WAL-MART, a retail giant, 245 billion 622 million dollars.

　　 Alibaba The group is scheduled to release its first earnings report since the opening of the stock market on Tuesday (Beijing time today). In the past two months since the listing, Alibaba's share price has been strong. Investors are eager to know whether their performance can match the soaring stock price.

A survey by financial information provider FactSet Research showed that analysts generally expect Alibaba to have a share in the second quarter ending September. profit It will be 44 cents, and revenue will reach $2 billion 610 million. In the documents filed with the securities and Exchange Commission, Alibaba reported its first quarter revenue of $2 billion 540 million, an increase of 46% over the same period last year.

According to FactSet statistics, most analysts now give Alibaba a rating of "buy", with an average price of $110.30, which is nearly 8% higher than the current level.

Alibaba officially listed on the New York stock exchange in September 19th. According to the issue price of US $68, Alibaba raised a total of $25 billion 30 million, becoming the largest IPO in the history of the United States, and the underwriting commissions paid to Underwriters alone amounted to US $300 million 400 thousand.

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In November, the "double 11" online shopping peak was on the rise. However, the AQSIQ recently made a special inspection on the quality supervision of the product quality of the 14 types of e-commerce products organized by the 14 categories of e-commerce products, such as children's toys, clothing, footwear, back bags and small household electrical appliances. The result is not optimistic. Among them, the rate of online shopping back bags is 34.3%, and all customers in the 4 products of casual wear, leather shoes, travel shoes and back bags have been found to be unqualified.

According to the AQSIQ, taking the back bag products as an example, the sample survey involved 70 batches of back pack products produced by 51 enterprises. The AQSIQ focused on 6 items, including the impact performance, the suture strength, the color fastness to rubbing, the corrosion resistance of hardware parts, the fittings and the durability of the zippers.

After inspection, 20 enterprises produced 24 batches of products failed, with a pass rate of 65.7%, of which scarecrow, fan and other brand products were found to be unqualified, involving vibration impact properties, sewing strength and other items.

It is worth noting that in the quality supervision and inspection results of T-shirts, shirts and skirts products released by the Jiangsu Quality Supervision Bureau in August, the products of all customers are also unqualified. Among them, the customer's T-shirt products were checked to 2 batches, 1 batches failed, and the pass rate was only 50%.