Alibaba: Anticipating A Growth Rebound In Core Retail Business

Robert Way Investment Thesis Alibaba Group Holding Limited (NYSE:NYSE:BABA)'s stock has been sidelined in recent years, primarily due to three factors: geopolitical risk, weak consumer spending in China, and intensified online retail competition. The geopolitical risk appears to be structural and is likely to continue compressing the valuation of Chinese stocks trading in offshore markets. While the weak consumptions may not be structural, without significant stimulus, the recovery could take years, as  ...