playtoearnspace| Alibaba rose nearly 4% before the market and announced results tomorrow

Gelonghui May 13| Alibaba (BABAplaytoearnspace.US) rose nearly 4% to US$82.9 before the market; Alibaba (9988.HK) rose more than 4% to HK$81.6 in Hong Kong todayplaytoearnspace, the stock price hit a new high since November 16, 2023. Alibaba will announce its fourth quarter and full-year results for the 2024 fiscal year ending March 31 after hours tomorrow. Comprehensive securities firms forecast that Alibaba's revenue in the fourth quarter of the fiscal year is expected to increase by 5.6% year-on-year to 219.8 billion yuan, and adjusted net profit will fall by 4.2% to 26.2 billion yuan.

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