Alibaba Shares News

Alibaba ADRs rose more than 5%. 8.5% gain in its Hong Kong-listed shares. Ma made his first public appearance since October.

The reasons the weekly financial newspaper gave for the dour outlook: China`s struggling economy, increasing competition in e-commerce and more scrutiny of the company`s culture and governance.

Alibaba Group Holding Ltd`s 180-day post-IPO lockup expires March 18, allowing about 437 million shares or roughly 18 percent of the company to be sold publicly.

Earnings per share (EPS), calculated to exclude one-off and extraordinary items, beat estimates of $0.75, coming in at $0.81.

Hedge funds scooped up shares of China`s Alibaba Group Holding in the third quarter, making the e-commerce giant one of the most commonly bought stocks among some of the biggest US investors, according to regulatory filings on Friday.

The newest way to bet on the fortunes of Chinese e-commerce heavyweight Alibaba Group Holding Ltd will debut on Monday when its stock options go live for trading, and investors should look for the initial action to be very busy, but also choppy and potentially pricey.

In a note Thursday, analysts at Morningstar said the shares are more fairly valued at $90 each.