I really think Chinese are not stupid, the CCP did the right thing, they don't accept anymore scams/counterfeits products/bad marketing practices. It could happen? For sure, so why others are not getting pressured by this? Apple/Tesla etc which are generating huge revenues in China, Is there a reason why their stock price is growing? The only way you can justify it is China becoming extremely communist, there'll be no possibility to invest/grow your business in China. Ok, so we assume that starting from tomorrow, there'll be no big Chinese Tech players. Ah ok, so JD will become the predominant platform? Uhm, no, because the market cap doesnt justify this idea even though the price hasnt been halved as per Baba/PDD etc. Ok, so Alibaba will benefit from It? Not at all, the stock price is getting extremely cheap too. So it's now time to increase again my stakes in AlibabaĮverything happening with Chinese stocks doesnt make sense, i see huge opportunities today, especially for Alibaba.Īt today prices, we assume that PDD is projected to (almost) disappear in the next future. Last week Warburg cut its valuation of Ant Group.But Goldman still expects the company to continue "aggressive buybacks." Novem12:18 am EST Written by Nikolaos Sismanis for TipRanks -> Alibaba ( NASDAQ: BABA) stock has declined by 41 over the past year and about 76 from its all-time high level. Find the latest Alibaba Group Holding Limited (BABA) stock quote, history, news and other vital information to help you with your stock trading and investing.The lower CMR monetization rate and stepped-up strategic investments will drag profitability over the next 2 quarters before growth recovers in FY23E, when both revenue/earnings grow >20%." SunArt) to decelerate to 13%/16% in 3QFY22E/4QFY22E, with CMR revenue growth in 2HFY22E 3.3% yoy vs. "At the time when retail spending slows down and competitive intensity levels up, BABA has been increasing investments to 1) acquire new users, 2) build multiple traffic sources, and 3) raise merchant subsidies in the shorter term," Mubayi writes in a note.The stock is slightly lower in premarket trading.Analyst Piyush Mubayi is cutting the price target to $215 per share from $252.Goldman Sachs is lowering Alibaba (NYSE: BABA) stock to Buy from Conviction Buy as the company boosts spending.
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