Will Alibaba Earnings Reflect New China Concerns?
Alibaba Group Holding Ltd. has more than doubled profit in the span of a year. But you wouldn’t know it from looking at its stock. Its shares have lost more than a third of their value since peaking at $120 just months after a record 2014 initial public offering, as the world’s largest e-commerce company struggles to recapture its aura. That’s despite revenue growth of at least 20 percent and trumping expectations on adjusted per-share earnings every quarter since its debut. China Market Research Group Founder Shaun Rein discusses with "On the Move" host Guy Johnson.
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