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Broker's Calls
UOB Kay Hian maintains ‘buy’ on Alibaba on strong 2Q results
UOB Kay Hian is still positive on Alibaba, despite a lower core commerce EBITA margin and the suspension of Ant Group's IPO.
November 10, 2020
Broker's Calls
'Buy' Alibaba on sustained improved user engagement, says UOB Kay Hian
In 2020, China’s retail platforms – including Alibaba – saw sustained improved user engagement despite the Covid-19 outbreak.
October 02, 2020
SunMoon’s largest shareholder Yiguo receives $407 mil investment from Alibaba
SINGAPORE (Aug 4): SunMoon Food Company says Tmall has invested US$300 million ($407 million) in China’s Shanghai Yiguo E-Commerce, the single largest indirect shareholder of SunMoon with a 51% stake.
August 04, 2017
Tech
China’s web giants expected to post sales growth above 40%
HONG KONG (May 17): China’s internet titans are set to supply ample evidence that online spending continues to defy a slowdown in the world’s second largest economy.
May 17, 2017