We adjust all of our figures to show results and estimates in constant currency (6.35 USD/RMB). This report was published by a junior research associate Bruce Zhang and overseen by Robin Manson-Hing. It is a preliminary view of Alibaba. Over the last three years, Alibaba (BABA-NYSE) is generally highly correlated with the NASDAQ composite and other technology stocks, while trading at a beta of 2.5x. SImilar to the market, Alibaba’s share price has also pulled back. We take a closer look at Alibaba’s business and what the stock price might do in the near future. In constant currency, sales growth was materially […]
Daily Archives: Wednesday, March 28, 2018 7:01am
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