There are signs that external headwinds for Alibaba may have come to an end:
China has started to relax certain Covid-19 controls, which could boost domestic consumer spending;
Beijing relaxed its campaign cracking down on Big Tech firms;
Audits by US regulators, an uncertainty hanging over US-listed Chinese firms, have been conducted;
Ant Group has completed capital base expansion for consumer credit.
Beijing relaxed its campaign cracking down on Big Tech firms;
Audits by US regulators, an uncertainty hanging over US-listed Chinese firms, have been conducted;
Ant Group has completed capital base expansion for consumer credit.
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whqqq : OK. We will be clear when the financial report comes out tomorrow.