Alibaba: AI And Cloud Drives Future Growth; Initiate With 'Buy'

Group 1 - Alibaba has expanded its business beyond e-commerce into areas such as AI, cloud computing, logistics, and digital entertainment [1] - The company has begun to stabilize its e-commerce business during the quarter, indicating positive developments in this segment [1] Group 2 - The investment strategy focuses on fundamental, bottom-up, long-term growth, targeting companies with strong growth potential and reasonable valuations [1] - The portfolio typically consists of 15-20 stocks, emphasizing diversification, risk management, and disciplined trading [1]