Tuesday, November 4, 2014

Alibaba

Alibaba (BABA US): Google, Apple, Facebook - these US internet brands are etched in our minds because their ubiquitous influence are felt by all of us in our everyday lives. Alibaba is the China equivalent; just ask any Chinese national for a testimonial. Alibaba shares broke above the psychological US$100 mark yesterday, in advance of its results due pre-US market open today. Analysts continue to paint a rosy outlook of the stock, but may still underestimate the sheer potential of China / global e-commerce growth. With institutional interest just starting to appreciate this theme, we will also be covering this space more frequently in the future. Keep a lookout for more BABA news.

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