Alibaba shares slip below HK$100 as Hang Seng falls
The internet retailer lost nearly 5% on Thursday as broader market weakness pushed the Hang Seng Index lower.
The internet retailer lost nearly 5% on Thursday as broader market weakness pushed the Hang Seng Index lower. Published 2026-11-12 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
Alibaba shares fell 4.97% on Thursday, closing at 95.6 HKD as the Hang Seng Index dropped 0.9%. The decline added to a difficult month for the company, with the share price now down 10.7% over the past 30 days.
Market drag and technical breakdown
Alibaba’s shares slid to 95.6 HKD in the latest session, according to Yahoo Finance data. The fall came as the Hang Seng Index dropped 0.9%, with local media reporting the benchmark opened nearly 200 points lower. None of the reports reviewed by Falling Shares gave a specific reason for the individual stock’s decline beyond the broader market context.
Volatility and earnings cuts
By Falling Shares' measure, the stock is rated Unstable, with annualised volatility of 42.7% compared to 17.2% for the benchmark. The share price is now 44.8% below its 52-week high of 174.2 HKD and has lost 39.7% over the past year. The stock has also seen 8 sessions with moves of 5% or more in the past six months. Technical indicators show the long-term trend is 21.5% below the 200-day average, with the 50-day moving average below the 200-day. Consensus EPS for the current year was cut 5.9% in 90 days, from 5.78 to 5.44.