Podcast: Has Alibaba’s growth story ended?
- Monica Volpin
- Nov 13, 2020
- 1 min read
by JOHN SCHAFFER
Posted 13 NOVEMBER, 2020
Rob Brewis, who co-manages the Aubrey Global Emerging Markets Opportunities fund, spoke about why he holds Alibaba.
Last week saw the failure of Ant Group’s $34.5bn (£26.1bn) initial public offering after it was the Chinese government expressed regulatory concerns, halting it for at least six months.
This was a massive blow to Alibaba, which owns around a third of the company. As a result, the failed listing shaved $60bn off the tech giant’s market cap in a single day.
Click HERE to listen the podcast
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