Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Alibaba Health Information Technology ( (HK:0241) ) has shared an update.
Alibaba Health Information Technology Limited announced that shareholders approved an ordinary resolution at a special general meeting held on 30 December 2025 in Hangzhou, with the measure passed by an overwhelming majority via poll. The resolution confirms and ratifies revised annual caps under the 2025–2027 Marketing and Promotion Services Framework Agreement with Hangzhou Alimama Software Services, raising the caps to RMB3.6 billion for the year ending 31 March 2026 and RMB4.8 billion for the year ending 31 March 2027, indicating the company’s intention to significantly expand its spending on marketing and promotion services. A large block of shares held by major Alibaba-related shareholders and the share award scheme trustee abstained in line with listing rules, leaving 5.79 billion shares entitled to vote; the near-unanimous support among voting shareholders underscores strong backing for the company’s strategy to deepen its collaboration with the Alibaba ecosystem and potentially drive higher traffic and transaction volumes in its healthcare platforms.
The most recent analyst rating on (HK:0241) stock is a Sell with a HK$4.60 price target. To see the full list of analyst forecasts on Alibaba Health Information Technology stock, see the HK:0241 Stock Forecast page.
More about Alibaba Health Information Technology
Alibaba Health Information Technology Limited is a Bermuda-incorporated company listed in Hong Kong, operating in the healthcare and health-related technology sector under the broader Alibaba ecosystem. It focuses on providing online healthcare, pharmaceutical e-commerce, and digital health services, leveraging Alibaba’s platforms and marketing resources to reach consumers and healthcare partners across mainland China.
Average Trading Volume: 75,179,944
Technical Sentiment Signal: Sell
Current Market Cap: HK$83.11B
Learn more about 0241 stock on TipRanks’ Stock Analysis page.