China'S Largest Electricity Supplier, Ali, Fell Four Days For The First Time To 100 U.S. Dollars.

January 15th, according to foreign media reports, China's largest electricity supplier

The stock price has dropped four days in recent days and fell back to below $100 on Wednesday.

The last wave of the stock market appeared in November, when the local shopping season was in China.

Now investors are waiting for the quarterly bulletin issued by the company next month.

Alibaba today fell 1.2% to close at $99.58, the first time it has fallen below $100 since October last year.

China's second largest online shopping platform Jingdong (NASDAQ:JD) and the electricity supplier company NYSE:DANG also fell four days.

The Internet lottery dealer 500 lottery net (NYSE:WBAI) fell after rising 27% on the first two days.

Bloomberg statistics showed that China US stock index fell 0.8%.

The Alibaba launched its first public release in September 18th last year, with a record amount of $25 billion.

The stock climbed to $119.15 in November 10th, setting the highest price in history.

The company achieved $9 billion 300 million in revenue after the "double 11" shopping day.

Starting from March this year, more shares held by Alibaba's early investors will be unlocked.

Analysts at the Pacific crown said on Wednesday: "double 11 and double 12 two.

The festival has passed, so most people think that the uplink energy of the stock is limited.

Ali or the quarterly announcement in February is likely to be before the end of the lockup period.

Hangzhou based Alibaba IPO is priced at $68 per share.

The stock has fallen by 16% since November 10th, which has narrowed its relative IPO price to 46%.

Alibaba said in its prospectus that 429 million shares will be unlocked in March this year.

According to Bloomberg statistics, this is equivalent to about 17% of the total shares issued by the company.

The other 1 billion 600 million stocks will be released in September, including YAHOO's shares.

The chief executive of ABR's investment agency said in an interview: "now is a good time to enter.

The company's market position and competitiveness remain unchanged.

We believe that its performance in the fourth quarter is good. "

Bloomberg survey of 20 analysts showed that in the first quarter of December, Alibaba is expected to achieve a net profit of $1 billion 800 million after adjustment.

This is equivalent to an increase of 35% over the same period last year.

JD.COM

Today, it fell 0.1% to $23.82.

When it fell 1.3%, to $8.97, a four week low.

500 lottery net fell 5.2% to $18.05.