News this week: Hong Kong, 9th December: Hong Kong-listed, B2B e-commerce platform Alibaba.com announced in a company press release that the company will pay out a HK$1.1 billion special cash dividend - or HK$0.22 per share to registered shareholders.
Alibaba.com CEO David Wei stated that company management was not satisfied with the company’s stock performance in the market and will continue to implement a salary freeze for staff of director-level and above. The share price of Alibaba.com has fallen about 9.5% over the past three months, against an overall 9.4% rise in Hong Kong’s benchmark Hang Seng Index.
No comments:
Post a Comment