SA: Alibaba stock – best to stay on the sidelines until Beijing is done

SEEKING ALPHA‘s JR Research writes:
Investment Thesis
We last covered Alibaba (BABA) in November, as we encouraged readers to consider staying out until we have clarity over its regulatory stance. Two months on, the stock is still about where it was (+/- 3%), and there is still no clarity over Beijing’s guidance.
Nevertheless, Alibaba held an investor’s day in December, as they sought to assuage investors to focus on its long-term growth story as …

The post SA: Alibaba stock – best to stay on the sidelines until Beijing is done appeared first on The Loadstar.

Source: The Loadstar

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