HK$147.10 intraday: 9988.HK Alibaba HKSE Feb 2026, earnings 24 Feb in focus

The 9988.HK stock slid to HK$147.10 intraday on 21 Feb 2026, down -4.91% as traders position ahead of Alibaba Group Holding Limited’s earnings on 24 Feb 2026. Volume reached 70,274,064.00 shares versus an average of 84,386,736.00, signalling elevated selling pressure. Short-term indicators show oversold readings while valuation and cash metrics keep the consensus split between patient holders and tactical sellers.