With BABA approaching 52 weeks high on HK market I would like to point thing one interested might miss: giant's operating profit is constantly growing, but net income volatility is due to valuation of the assets Alibaba has on the balance sheet. And valuation jumps.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
[666]
Great article, would you like to share it?
Great article, would you like to share it?