After $260 Billion Slide, Alibaba Aims to Show the Worst Is Over
- Ant’s prospects, China’s data crackdown remain headwinds
- Shares have inched lower since Beijing announced a record fine
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Has the storm passed for Alibaba Group Holding Ltd.?
That will be the question for executives and investors as the Chinese e-commerce giant reports earnings on Thursday in the wake of a government crackdown on co-founder Jack Ma’s empire. Profit and revenue for the quarter are sure to be less consequential than any concrete evidence about whether the regulatory issues are resolved.