One of the largest Chinese companies in the field of online trading has reached great results, by being able to receive orders for $5 bln in the first half hour. Such demand is related to the "Day of Bachelor" - a special holiday, celebrated in China every year on November 11th.
On this traditional sales day, stores offer customers huge discounts and do everything possible to keep them interested. The company plans to achieve the sales target of $10 bln.
Such positive data could not but affect the value of the asset. Alibaba shares have already risen by 1.22%. Do not miss a great opportunity to earn on a further growth. Trading will be available during the US session from 13:40 to 20:00 GMT time.
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