Home » 2 minutes to read the financial report | A huge loss of 2.3 billion Ali cut meat clearance “Media Mao”

2 minutes to read the financial report | A huge loss of 2.3 billion Ali cut meat clearance “Media Mao”

by admin


After being together for less than a year, Alibaba will plan to cut meat and clear stock in Hunan TaiwanMango Super MediumNS.

On the evening of the 23rd, Mango SuperMedia, the leader of the media industry with a market value of nearly 80 billion, issued an announcement and received a letter of proposal from Hangzhou Ali Ventures, a shareholder holding more than 5% of the shares.

According to the “Letter of Proposal”, Hangzhou Ali Ventures plans to transfer 5.01% of the company’s total share capital by agreement. It is worth noting that Alibaba Ventures’ investment in Mango Super Media is less than a year, and the floating loss is nearly 37%. According to the analysis of people familiar with the situation, in the context of the current policy environment and considering the scale of this agreement transfer, the transferee is probably the strategic long-term state-owned capital.

On December 14 last year, Mango SuperMedia issued an announcement stating that the Hunan Provincial Cultural and Asset Management Commission agreed in principle to Mango Media’s agreement to transfer its 5.26% shares of Mango SuperMedia to Alibaba Ventures. The transfer price is 66.23 yuan/share, and the total transfer price amounts to 6.202 billion yuan.

Later, Mango SuperMedia carried out additional issuance, and Ali Ventures’ shares were diluted to 5.01%.

Soon after Ali invested in Mango SuperMedia, the company’s stock price rose to 93 yuan, and Ali Ventures had a floating profit of about 2.5 billion yuan. But at that time there was no way to reduce its holdings. Since January this year, the stock price of Mango SuperMedia has entered a downward channel.

See also  Leonardo is strengthened in the US helicopter rescue: two new contracts for AW119Kx and AW169

By the close of the market on September 23, the company’s stock price had fallen to 41.31 yuan. If calculated according to the latest stock price, Ali Ventures has a floating loss of more than 2.3 billion yuan.

Reading the financial report in 2 minutes | China Evergrande’s ADR soars by 47%. Many banks respond to business dealings with Evergrande: Risks are controllable

Read the financial report in 2 minutes

2 minutes to read the financial report | China Telecom’s controlling shareholder toss 4 billion holdings plan just after listing

The Beijing Stock Exchange is here, how to open an account>>

Massive information, accurate interpretation, all in Sina Finance APP

Editor in charge: Wei Xiaodan

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy