Alibaba easily beat earnings estimates, as business remained healthy during the most recent quarter, despite lockdowns.
BABA's growth performance was actually better than that of its American peer Amazon.
The macro picture in China is not too bad. Easing lockdowns and accommodative policies, with no inflation problems, are positives for BABA.
BABA14%上昇
Alibaba easily beat earnings estimates, as business remained healthy during the most recent quarter, despite lockdowns.
BABA's growth performance was actually better than that of its American peer Amazon.
The macro picture in China is not too bad. Easing lockdowns and accommodative policies, with no inflation problems, are positives for BABA.