US stock trading · May 22, 2024 0

Alibaba Cloud, LVMH Clinch 5-yr Long-term Contract

BABA-SW (09988.HK)  -1.400 (-1.659%)    Short selling $529.46M; Ratio 18.386%   's Alibaba Cloud clinched a five-year long-term cloud computing contract with French luxury brand group LVMH, Chinese news broke. Alibaba Cloud will purportedly provide LVMH with cloud infrastructure, foundation model "Tongyi Qianwen" and other technical products and services.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-22 16:25.)