Equity Analyst

Xin Yu, CFA

An equity research analyst with over 5 years of experience in multiple sectors. Previously worked for a global asset manager, covering China equities in multiple markets including A-shares/H-shares/ADRs and multiple sectors including TMT, industrial, consumer, etc. I conduct fundamental research to invest in high quality companies at an attractive valuation.

Equity Bottom-Up

Alibaba Group Holding  / Equity Bottom-Up

<ul>
<li>CBIRC approved the capital replenishment plan of RMB10.5bn of Ant CFC on Dec 30, 2022</li>
<li>Under the regulatory guidance, Ant Group needs to complete a multifaceted rectification plan</li>
<li>After the fund raising, Ant Group's next step is to obtain FHC license and credit bureau license</li>
</ul>


CBIRC approved the capital replenishment plan of RMB10.5bn of Ant CFC on Dec 30, 2022
Under the regulatory guidance, Ant Group needs to complete a multifaceted rectification plan
After the fund raising, Ant Group's next step is to obtain FHC license and credit bureau license


Ant Group Completed Equity Structure Adjustment