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Alibaba: Antitrust Conclusion Proved Naysayers Wrong

ALT Perspective profile picture
ALT Perspective
19.31K Followers

Summary

  • Economic data releases for China reaffirmed the recovery is on track, leading the forecast of China's GDP based on PPP to jump above a one-fifth share of the world.
  • The massive block trade of Tencent shares brought Mainland bargain hunters out in force, supported by several less obvious positive outcomes from the stake reduction by Prosus.
  • Tencent's savvy investment acumen continues to be validated with each successive IPO of its private holdings.
  • At the risk of being labeled a Panglossian, I highlight several positives from the release of the penalty decision document on Alibaba's antitrust investigation.
  • Evidence kept mounting to refute unwarranted and exaggerated claims of persecution by the authorities of Alibaba founder, Jack Ma.

China International Import Expo (CIIE) - Day One
Photo by Lintao Zhang/Getty Images News via Getty Images

By ALT Perspective for Chinese Internet Weekly

The long-anticipated conclusion of the antitrust investigations on Alibaba (NYSE:BABA) is finally upon us. Learning from the past volatility created on the stock

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This article was written by

ALT Perspective profile picture
19.31K Followers
I am honored to have been categorized as a 5-Star financial expert and ranked among the top 2% of financial bloggers on TipRanks in 2017/18. For a period, I was among the top 3 “Opinion Leaders” for Insider Ownership and Services, as well as top 5 for Long Ideas and Fund Holdings. I am an avid reader of market news and company publications with the aim of improving my investment acumen. I enjoy expressing my findings and opinions through writings. My appreciation and understanding of business strategies improved to a whole new level since completing an MBA (Distinction) from a FT100 MBA school. I have worked in companies with businesses that span multiple industries, according me with the exposure to a myriad of sectors.Check out my Author's Picks and over 190 Editor's Picks, among the highest in Seeking Alpha, if not the most.

Analyst’s Disclosure: I am/we are long BABA, BIDU, TCOM, TCEHY, BEKE. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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