Alibaba: The Chinese Got It Right
About: Alibaba Group Holding Limited (BABA), Includes: AMZN
by: Stefan Redlich
Summary
The Hong Kong listing of Alibaba can be seen as a strong sign of confidence that should further propel the stock.
Chinese online consumer spending is second to none and is dwarfing the Black Friday/ Cyber Monday sales records set in the U.S.
China's middle class is on the rise.
The narrative should change with investors finally starting to focus on the fundamentals and the tremendous long-term growth opportunity the company offers.
Ever since my most recent article on Alibaba (BABA), where I concluded that Alibaba currently "does not get the appreciation and love from the markets it deserves," things have changed following the highly
