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home / news releases / BABA - China: The Global 'Safer Haven'


BABA - China: The Global 'Safer Haven'

First-in, first-out

As COVID-19 cases continue to accelerate in Europe and North America and the economies go into lockdown, China is benefitting from being first-in and first-out, with its economy now restarting. Pollution emissions data from China’s top 5 cities, amongst other data, shows a recovery beginning.

Additionally, China's ongoing policy flexibility and relatively closed economy and stock-market provide some protection to the coming global recession. The worse-than-expected -13.5% yoy fall in China’ January-February industrial production and -20.5% in retail sales is both a harsh reminder of the immediate economic impact, but also what is

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Stock Information

Company Name: Alibaba Group Holding Limited American Depositary Shares each representing one
Stock Symbol: BABA
Market: NYSE
Website: alibabagroup.com

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