
Alibaba Group Holding Limited
Foreign stocks · HKEX · งบแปลงจาก CNY · Consumer discretionary · E-commerce
Owns Chinese e-commerce platforms such as Taobao and Tmall, along with a cloud computing business. Revenue comes mainly from advertising and commissions paid by merchants, plus cloud service fees
For every 100 HKD of sales: cost of sales 60 · operating expenses 35 · other income after tax adds 5 · leaving 10 as net profit
Investors in Thailand can buy 9988 through 77 mutual funds open to retail investors. Most of them (73 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds 9988.
| Fund | 9988 weight | How it invests | 1-year return |
|---|---|---|---|
| 13.81% | Via IQQ9 | −17.19% | |
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
| Master fund | Thai funds using this route | Master fund's 9988 weight |
|---|---|---|
| Hang Seng China Enterprises Index ETF | 12 | 7.27% |
| several master funds | 9 | 8.24% |
| Wellington Asia Technology Fund | 4 | 4.89% |
| UBS (Lux) Equity SICAV - All China (USD) | 3 | 6.36% |
| JPMorgan Funds – China Fund, Class JPM China I (acc) – USD |
| 9.45% |
| Via JPMorgan Funds – China Fund, Class JPM China I (acc) – USD |
| −21.01% |
| 9.42% | Via JPMorgan Funds – China Fund, Class JPM China I (acc) – USD | −20.87% |
| 9.39% | Via UBS (Lux) Equity Fund – China Opportunity (USD) | −25.05% |
| 9.36% | Via BGF China Fund | −18.71% |
| 9.33% | Via BGF China Fund | −18.73% |
| 9.32% | Via เปิด MEGA 10 CHINA TECHNOLOGY | −30.98% |
| 9.31% | Via UBS (Lux) Equity Fund – China Opportunity (USD) | −25.07% |
| 9.04% | Buys the stock directly | −34.31% |
| 8.91% | Via CNQQ | N/A |
Yearly average over the last 4 years · Latest annual sales 1.2T HKD
For every 100 HKD of sales, about 10 HKD is left as net profit
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
Now 37.1% below its 1-year high
| Item (HKD) | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Total revenue | 1.0T HKD | 1.0T HKD | 1.1T HKD | 1.2T HKD | 1.2T HKD |
| Gross profit | 370.1B HKD | 376.4B HKD | 418.7B HKD | 469.7B HKD | 480.9B HKD |
| Operating profit |
| Period | SMA | EMA | Price vs line |
|---|---|---|---|
| 10 days | 99.35 | 101.45 | Above |
| 20 days | 102.59 | 102.41 | Above |
| 50 days | 106.53 | 106.23 | Above |
| 100 days | 109.28 | 111.30 | Below |
| 200 days |
| Indicator | Value | Signal |
|---|---|---|
| RSI(14) | 59.40 | Up |
| MACD(12,26) | −1.75 | Down |
| ADX(14) | 21.15 | Neutral |
| ATR(14) % of price | 2.14 | Neutral |
| Fund | 9988 weight | Master fund | 1-year return | TER |
|---|---|---|---|---|
| 13.81% | IQQ9 | −17.19% | 1.97% | |
| 9.45% | JPMorgan Funds – China Fund, Class JPM China I (acc) – USD | −21.01% | 1.42% | |
| 9.42% | JPMorgan Funds – China Fund, Class JPM China I (acc) – USD | −20.87% | 1.43% | |
| 9.39% | UBS (Lux) Equity Fund – China Opportunity (USD) | −25.05% | 1.78% | |
| 9.36% | BGF China Fund | −18.71% | 1.54% | |
| 9.33% | BGF China Fund | −18.73% | 1.33% | |
| 9.32% | เปิด MEGA 10 CHINA TECHNOLOGY | −30.98% | 0.13% | |
| 9.31% | UBS (Lux) Equity Fund – China Opportunity (USD) | −25.07% | 1.84% | |
| 9.04% | Buys the stock directly | −34.31% | 1.83% | |
| 8.91% | CNQQ | N/A | 0.79% | |
| 8.83% | Manulife Global Fund – Dragon Growth Fund | −19.44% | 1.61% | |
| 8.59% | CHIQ | −32.28% | 1.28% | |
| 8.24% | several master funds | −13.00% | 1.58% | |
| 8.03% | HSTE | −37.23% | 2.00% | |
| 7.99% | abrdn SICAV I - All China Sustainable Equity Fund | −21.39% | 2.05% | |
| 7.79% | Tracker Fund of Hong Kong | −7.90% | 1.57% | |
| 7.37% | several master funds (Hang Seng China Enterprises Index, JPMorgan Funds - China, Invesco China Technology) | −20.39% | 1.95% | |
| 7.27% | 2828 | −13.15% | 1.11% | |
| 7.24% | 2828 | −12.95% | 1.00% | |
| 7.22% | 2828 | −12.42% | 1.00% |
| Fund | 9988 weight | Master fund | 1-year return | TER |
|---|---|---|---|---|
| 7.21% | 2828 | −12.67% | 1.34% | |
| 7.20% | 2828 | −12.28% | 1.33% | |
| 7.20% | 2828 | −12.95% | 1.35% | |
| 7.20% | 2828 | −12.72% | 1.32% | |
| 7.19% | 2828 | −12.51% | 0.86% | |
| 7.17% | 2828 | −12.95% | 1.29% | |
| 7.17% | 2828 | −12.76% | 1.36% | |
| 7.17% | 2828 | −12.26% | 0.96% | |
| 7.14% | 2828 | −8.71% | 1.11% | |
| 7.04% | Buys the stock directly | −24.92% | 2.72% | |
| 6.86% | Buys the stock directly | −24.55% | 3.02% | |
| 6.75% | Schroder International Selection Fund All China Equity | −19.04% | 1.71% | |
| 6.73% | Schroder International Selection Fund All China Equity | −19.46% | 1.98% | |
| 6.36% | UBS (Lux) Equity SICAV - All China (USD) | −22.23% | 1.85% | |
| 6.34% | UBS (Lux) Equity SICAV - All China (USD) | −22.26% | 1.86% | |
| 6.28% | UBS (Lux) Equity SICAV - All China (USD) | −20.24% | 1.71% | |
| 6.10% | Buys the stock directly | −25.08% | 3.53% | |
| 5.86% | several master funds | −31.41% | 0.23% | |
| 5.86% | several master funds | −31.35% | 0.29% | |
| 5.81% | Goldman Sachs Greater China Equity | −12.13% | 2.45% | |
| 5.60% | several master funds (iShares China Large-Cap, KraneShares CSI China Internet, Invesco China Technology) | −31.94% | 1.55% | |
| 5.18% | Schroder International Selection Fund BIC (Brazil, India, China) | −14.35% | 1.61% | |
| 5.04% | several master funds | −23.29% | 1.88% | |
| 5.01% | several master funds | −23.34% | 2.05% | |
| 4.97% | several master funds | −18.00% | 1.20% | |
| 4.89% | Wellington Asia Technology Fund | N/A | 1.53% | |
| 4.85% | Wellington Asia Technology Fund | +15.23% | 1.19% | |
| 4.82% | Wellington Asia Technology Fund | N/A | 1.54% | |
| 4.79% | Wellington Asia Technology Fund | +15.49% | 1.20% | |
| 4.58% | several master funds | −11.89% | 1.91% | |
| 4.34% | Morgan Stanley Investment Funds - Asia Opportunity Fund | −8.07% | 1.71% | |
| 4.25% | เปิดบัวหลวงหุ้นจีน | −13.00% | 1.19% | |
| 4.19% | several master funds (iShares MSCI India UCITS ETF, USD (Acc), Hang Seng China Enterprises Index, iShares Core MSCI China Index) | −17.16% | 1.66% | |
| 4.18% | Templeton BIC Fund | −4.51% | 1.60% | |
| 4.14% | several master funds (iShares MSCI India UCITS ETF, USD (Acc), iShares Core MSCI China Index, Hang Seng China Enterprises Index) | −17.05% | 1.70% | |
| 3.40% | several master funds (Wellington Asia Technology, BetaShares Asia Technology Tigers, Roundhill Memory) | +7.50% | 1.23% | |
| 3.17% | Schroder International Selection Fund - Emerging Asia | +6.84% | 1.84% | |
| 3.17% | Schroder International Selection Fund - Emerging Asia | +6.31% | 1.77% | |
| 2.80% | Principal Asia Pacific Dynamic Income Fund | +2.17% | 2.19% | |
| 2.78% | Principal Asia Pacific Dynamic Income Fund | +2.26% | 1.96% | |
| 2.77% | United China-India Dynamic Growth Class T SGD Acc | −6.27% | 1.79% | |
| 2.77% | United Greater China Fund Class T SGD Acc | +12.69% | 1.77% | |
| 2.46% | JPMorgan Funds – Asia Growth Fund | +7.22% | 1.53% | |
| 2.30% | several master funds | +14.68% | 1.77% | |
| 2.29% | Fidelity Funds – Asian Special Situations Fund | +18.94% | 1.86% | |
| 2.18% | abrdn Pacific Equity Fund | +7.73% | 2.04% | |
| 2.16% | abrdn Pacific Equity Fund | +7.62% | 2.03% | |
| 2.09% | VWO | −2.30% | 1.21% | |
| 2.08% | AAXJ | +8.51% | 0.63% | |
| 2.05% | 3010 | +10.82% | 1.10% | |
| 1.95% | BlackRock Advantage Asia ex Japan Equity | +24.34% | 1.56% | |
| 1.82% | APX | +8.03% | 0.89% | |
| 1.81% | APX | +7.87% | 1.42% | |
| 1.80% | EEM | +15.22% | 1.14% | |
| 1.45% | several master funds (Goldman Sachs Japan Equity Portfolio, Goldman Sachs Greater China Equity) | +9.16% | 2.55% | |
| 1.17% | Fidelity Funds - Pacific Fund | +4.58% | 1.55% | |
| 1.10% | several master funds | +14.80% | 1.69% |
| 2 |
| 9.45% |
| UBS (Lux) Equity Fund – China Opportunity (USD) | 2 | 9.39% |
| BGF China Fund | 2 | 9.36% |
| Schroder International Selection Fund All China Equity | 2 | 6.75% |
| Schroder International Selection Fund - Emerging Asia | 2 | 3.17% |
| Principal Asia Pacific Dynamic Income Fund | 2 | 2.80% |
| abrdn Pacific Equity Fund | 2 | 2.18% |
| Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF - Acc | 2 | 1.82% |
| iShares BIC 50 UCITS ETF | 1 | 13.81% |
| เปิด MEGA 10 CHINA TECHNOLOGY | 1 | 9.32% |
| Rayliant-ChinaAMC Transformative China Tech ETF | 1 | 8.91% |
| 82.2B HKD |
| 118.4B HKD |
| 133.8B HKD |
| 166.3B HKD |
| 59.2B HKD |
| Net profit | 73.5B HKD | 85.9B HKD | 94.4B HKD | 153.5B HKD | 122.2B HKD |
| EPS (diluted) | 3.35 | 4.05 | 4.61 | 7.91 | 6.49 |
| Gross margin | 36.8% | 36.7% | 37.7% | 40.0% | 39.8% |
| Operating margin | 8.2% | 11.6% | 12.0% | 14.1% | 4.9% |
| Net margin | 7.3% | 8.4% | 8.5% | 13.1% | 10.1% |
| Operating cash flow | 168.5B HKD | 235.7B HKD | 215.5B HKD | 192.9B HKD | 89.9B HKD |
| Total assets | 2.0T HKD | 2.1T HKD | 2.1T HKD | 2.1T HKD | 2.3T HKD |
| Total liabilities | 723.8B HKD | 743.5B HKD | 769.6B HKD | 842.7B HKD | 924.3B HKD |
| Shareholders' equity | 1.3T HKD | 1.3T HKD | 1.3T HKD | 1.3T HKD | 1.3T HKD |
| 123.45 |
| 118.42 |
| Below |