- The release of the bullish Chinese industrial profitability fired up animal spirits among investors.
- Vipshop continued to bask in its post-Q3 results glamor, however, the pending anti-monopoly policy targeting platform operators could negatively affect Vipshop.
- iQIYI plunged as shareholders ignored the earnings and revenue beats and harped on the decline in its subscriber count instead. News emerged that Alibaba and Tencent suspended acquisition talks.
- A joint investment with Alibaba by SAIC Motor, China's largest state-owned automobile manufacturer, signals Alibaba remains a partner of choice.
- Much attention has been fixated on Ant Group. However, Alibaba has many other exciting growth businesses.
For further details see:
Alibaba: Getting Back Up From A Bad Fall