Vey-Sern Ling, senior equity advisor at UBP, says Alibaba's growth has "faltered" and it should respond to competition from players like Temu and Shein.
It's not much growth, it's just 7% someone give this guy a reality check, how many companies generating 100 billion in revenue annually are growing at high single digits ?
Well, investors expect upside surprises, which the market does not expect or is not priced into the current market price at which they bought. Otherwise, why would they buy or hold on to their position. What you said may probably be priced into the price that growth will be low 7% for firm known as technology firm or hitech firm but as you said alibaba is a retail company atleast that's their main buisness so the may be expecting too much whatever also the profit plunged
It's not much growth, it's just 7% someone give this guy a reality check, how many companies generating 100 billion in revenue annually are growing at high single digits ?
Well, investors expect upside surprises, which the market does not expect or is not priced into the current market price at which they bought. Otherwise, why would they buy or hold on to their position. What you said may probably be priced into the price that growth will be low 7% for firm known as technology firm or hitech firm but as you said alibaba is a retail company atleast that's their main buisness so the may be expecting too much whatever also the profit plunged