Alibaba: Subsidy Program Boosting Consumption

Core Insights - Alibaba (NYSE: BABA) has been initiated with a 'Buy' rating due to its potential growth in AI and cloud computing, resulting in a stock price increase of over 24% since October 2024 [1] Group 1: Company Performance - Recent results from Alibaba indicate some positive signs of growth [1] Group 2: Investment Strategy - The investment approach focuses on fundamental, bottom-up analysis with a long-term perspective, targeting companies in niche markets with strong growth potential and reasonable valuations [1] - The portfolio is constructed with 15-20 stocks, emphasizing diversification, risk management, and disciplined trading [1]