Shares & Derivatives
Dark side of Alibaba Group
By SG Wealth Builder  •  December 19, 2018
When Alibaba Group got listed in NYSE in 2014, the IPO was considered an earth-shattering event among investment community. At that point, the market valued the e-commerce conglomerate at a staggering USD231 billion. While many investors salivated at the massive prospect of Alibaba Group, it is important to pay attention to the downside risks as well. With a name based on legendary folklore, Alibaba Group’s rise to global prominence is nothing short of fairy-tale. Widely touted as the China’s answer to Amazon, can Jack Ma’s team fulfil their destiny? A whole new world Indeed, Alibaba Group share price didn’t fail to live up to its initial hype, surging from strength to strength to reach the incredible height of USD210 in June 2018. Back then, the sky is really the limit for this e-commerce giant as investors cheered the berserk run of Alibaba Group share price. Immense wealth has ...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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