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  • Article / 10 November 2014 at 14:00 GMT

    Love is in the air with just hours to go!

    Former managing editor, TradingFloor.com / Saxo Bank
    Denmark
    Love is in the air with just hours to go!
    It's just a day to go until Singles Day and traders are gearing up for a 24-hour fest that could have a dramatic impact on not only Alibaba's share price, but also the likes of Costco and Revlon. Can you feel the love?
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  • Article / 06 November 2014 at 13:27 GMT

    Why Single's Day in China is a major global event

    Co-founder and CEO / Saxo Bank A/S
    Denmark
    Why Single's Day in China is a major global event
    The financial calendar is littered with key events – some traditional, some random – but we've never really witnessed anything like China's Single's Day. While it has its origins among lovelorn students on the Nanjing University campus in the 1990s, the likes of Alibaba have hijacked Single's Day to turn it into an enormous event. It hardly needs adding that it is a lucrative one too.
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    5y
    loviejeankerr loviejeankerr
    This comment has been redacted
    5y
    Martin O'Rourke Martin O'Rourke
    Alibaba (BABA:US) shares touched a high of $111.70 in New York yesterday before closing at $111.57.
    5y
    Martin O'Rourke Martin O'Rourke
    Alibaba has opened very strongly Friday rising to a record-high of $113.89, before slipping back to $112.75 at 14.59 GMT, still up by 1.06%.