some trading restrictions put on the market three days ago. we had a situation already where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. days of holidays coming up after tomorrow. , ., ., after tomorrow. yes. so what do ou think after tomorrow. yes. so what do you think the after tomorrow. yes. so what do you think the reaction after tomorrow. yes. so what do you think the reaction from - after tomorrow. yes. so what do you think the reaction from the l you think the reaction from the chinese government is going to be then to these numbers that are worst than expected? i think because of the holiday period, they may be buying themselves a few days to think about what to do
its goal of cutting 7.5 billion by the end of this fiscal year. pressure mounts from an activist who has been critical of the company including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall. the they lost subscribers over that. but because each subscriber is paying more for the service, the average revenue per user went up. disney plus is streaming offerings including espn+. the focus of a lot of attention this week. the company announced earlier this week it s partnering with fox and warner bros to launch a new sports streaming this year and ceo said wednesday that the company is taking a $1.5 billion stake in epic games as disney s big move in the game space yet. another focus of attention, disney and politics again after a very public multi year spat with and law suit against florida governor ron desantis who accused the company of being liberal and progressive. actor gina c
where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. yes. so what do you think the reaction from the chinese government is going to be then to these numbers that are worse than expected 7 i think because of the holiday period, they may be buying themselves a few days to think about what to do. it s really a demand side issue with them. as we saw with the alibaba earnings, people don t have the confidence right now to spend or take on debt. all of the measures we have seen so far have targeted the supply side, increasing loans, increasing liquidity. these are not enough. investors want to see some job creation type of investments, some reduction in some of the maybe the bureaucra
Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Wednesday that its third-quarter net income attributable to ordinary shareholders was RMB14.