Recalibrating Alibaba Near-Term Outlook Amid Consumer Sentiment Concerns, Long-Term Potential Intact
We're reducing our fair value estimate for Alibaba to $76 per ADS from $84 following management's cautious comments about near-term China GMV...
278 Views
CHINA SOE REFORM: Detailed plan due in the next 3 weeks. Potential implications
There is a growing expectation that mergers involving huge state-owned conglomerates could be part of China's soon-to-be-announced reforms of...
275 Views
CHINA REFORM & ADRs: Big overhaul of foreign investment rules in China. Thoughts and implications
China is proposing an overhaul of its foreign-investment rules, which some news sources are saying is "the biggest revamp of China’s rules...
304 Views
Alibaba Group Holding – Palace Intrigue
ALIBABA: Alibaba announced that long-time CFO Maggie Wu will be stepping down in April 2022, and that it will be reorganizing its international and...
322 Views
Market Domination + Under-Penetration = Our Favorite Growth Scenario
We present three examples from our portfolio here to demonstrate our preference to invest in growth stories built upon absolute market leadership...
426 Views