The last time that I covered Alibaba was in January 2019. Back then, Alibaba had not yet launched a secondary listing in Hong Kong and the former British colony was in complete turmoil with the unrelenting civil protests. To make matters worse, the company’s US stock was reeling from the devastating fallout from the US-China trade war. Since then, Alibaba (HKG: 9988) was listed in Hong Kong but the landscape has turned significantly darker with the onset of COVID-19 pandemic. And then, there is the Ant Group IPO fiasco.
Given the series of unfortunate events, is it the right time to invest in Alibaba (9988) now?
Recently, a member wrote in to ask for my insights on the leading Chinese e-commerce giant. Indeed, investing in Alibaba (9988) has not been easy because of the unfolding events. But if