Alibaba's stock looks appealing amid the current market volatility as the coming IPO of the company's cloud unit is likely to provide an opportunity to unlock value in Alibaba's assets, Nomura analyst Jialong Shi says in a research note.
The brokerage estimates the company's September quarter revenue grew 8% on year and consolidated EBITA likely rose 13% on year.
China's recent official data shows a persistently cautious sentiment among Chinese consumers which may lead to slower e-commerce gro...

"Our orders start to surge from September every year. The period around National Day is our peak sales season of the year," said a customer service employee at a shop selling national flags on Taobao, China's leading e-commerce platform.
During the Mid-Autumn Festival and National Day holiday, which began on Sept. 29 and will continue until Oct. 6, China's consumption market has been fueled b...

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