This week Tencent and Alibaba successively set a new record high. Among them, Alibaba shares closed at $191.19 on Friday, exceeding the closing price of $190.9 on November 21, becoming the highest closing price of Alibaba since the IPO of the New York Stock Exchange in September 2014.
According to Friday's closing price, Alibaba's market value reached 489.446 billion U.S. dollars, which is already close to 490 billion U.S. dollars. Tencent closed at HK$415.8/share on Friday, with a total market value of HK$3.997 trillion, equivalent to US$55.8 billion.
Baidu closed at 249.42 US dollars per share on Friday, with a total market value of 86.6 billion U.S. dollars, Jingdong Daily 39.21 U.S. dollars per share, and a total market value of 55.834 billion U.S. dollars.
On the whole, in less than a year, Baidu, Alibaba, Tencent and Jingdong have exceeded US$1.1 trillion in value.
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