DIDI - Alibaba: Ant Could Be The Catalyst You've Been Waiting For

• Alibaba stock has been on a tear this month, recouping almost all valuation losses sustained this year.
• The string of positive regulatory and economic developments from China, paired with stronger-than-expected March quarter sales have been favorable to the stock's recent performance.
• Earlier news of a potential Ant Group IPO revival has spurred a steep pre-market rally, though short-lived after Chinese regulators quickly shut down the rumors.
• The market's rapid response to the IPO speculation continues to highlight investors' sensitivity to the economic and regulatory overhang on Alibaba's valuation since late 2020.
• An ultimate Ant Group IPO could mark the "official end" to Beijing's sprawling crackdowns, symbolizing a full circle from the crackdown that started it all.

For further details see: