Baozun: Looking Forward To A Better 2024

Tevarak Elevator Pitch I have a Buy rating for Baozun Inc. (NASDAQ:BZUN) [9991:HK] shares. Earlier, my January 26, 2024 update touched on the outlook for BZUN's newly acquired business and the company's new $20 million share repurchase plan. This write-up highlights Baozun's recent share price pullback and the read-throughs from its latest financial disclosures. BZUN's shares have been weak in recent weeks, as its e-commerce segment's product sales and the company's overall profitability for the most re ...