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BABA / Alibaba Shares Look More Attractive Than Ever

Alibaba Group Holding Limited ( BABA , Financial) is one of the largest e-commerce companies in the world and, at its peak, occupied more than 50% of the market share. However, as most value investors are probably already aware, the stock has fallen to bargain-basement levels in recent years due to a wide variety of setbacks, including a tech regulatory crackdown in China, the U.S. government passing legislation that poses a very real threat of de-listing Chinese stocks from U.S. exchanges, and last but not least, macroeconomic issues brought about by the Covid-19 pandemic and China's ongoing Covid lockdowns. Read More

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Posted: Dec 1 2022, 12:08

Author Name: GuruFocus

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