Baba's Babies: They're All Grown Up!: Alibaba Health (241 HK) Temperature's Rising!
726 Views31 May 2024 19:41
Ali Health is a beneficiary of the growing online healthcare industry in China. Through its synergistic relationship with parent Alibaba the company is enjoying increased revenue and profitability.
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Boomeranged on Wed, 2 Oct 2024 10:56
Ali Health's stock has doubled since last week. The company is well positioned to benefit from an uptick in interest in China's consumption and healthcare stocks The shares also benefit from their inclusion in the HSI, HSCI and HSTECH indexes as related ETF's buy the shares to satisfy inflows.
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David Mudd
Asian Hedge Fund Manager, Long Short Equity, Macro
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