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Chris Lau

The One Reason Alibaba is Great

Taking equity position in Ant Financial was a great move for Alibaba $BABA.

$BABA, Alibaba Group Holding Limited American Depositary Shares each representing one Ordinary share / H1

At $100B valuation, BABA’s valuation should increase by $13.3B, or about $5 per share.

Further, Ant Financial can become China’s JP Morgan when Xi privatize China’s financial market eventually. It is a question of when, not if.

Related: Tencent $TCHEY, Baidu $BIDU, Weibo $WB are all strong China-based firms.

$BIDU:

$BIDU, Baidu, Inc. - American Depositary Shares, each representing one tenth Class A ordinary share / H1

WB:

$WB, Weibo Corporation - American Depositary Share / H1

TCHEY:

$TCEHY, TENCENT HOLDINGS LTD-UNS ADR / H1