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2.44000 EUR
0.04
1.61%
Last update Aug 28, 3:25 PM CEST
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Day range
2.42000
2.44000
Previous close
2.48000
Open
2.42000
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Alibaba Group Holding Limited - Swedish Depos...
2.44
0.04
1.61%

Overview

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Description

Alibaba Group Holding Limited, through the structure of Swedish Depositary Receipts (SDRs), facilitates investment in the prominent Chinese multinational conglomerate. These SDRs represent ownership in Alibaba and allow investors to trade their interests locally in the Swedish market, providing an opportunity to participate in the global e-commerce and technology sector. Alibaba is widely recognized for its e-commerce platforms such as Taobao and Tmall, but its operations extend into cloud computing, digital media, and entertainment. By offering Swedish Depositary Receipts, Alibaba broadens its shareholder base, making its shares more accessible to investors across different geographies while fostering increased liquidity in the European market. This mechanism plays a crucial role in bridging international markets and promoting investment diversity.

About

CEO
Mr. Yongming Wu
Employees
132165
Address
960-1 West Wen Yi Road
Yu Hang District
Hangzhou, 311121
Phone
86 571 8502 2088
Instrument type
Depositary receipt
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Germany
MIC code
XFRA
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Market closed

Exchange is currently closed
Main market opens in 4 hours 43 minutes

03:16
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08:00
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Trading Hours (Monday - Friday):

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08:00 - 22:00
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