Alibaba Calls Off Cloud Spinoff. Here's Why It Matters
Alibaba Group announced that it'd suspend the plan to spin off its cloud business, which previously piqued the market's interest. Now, as the plan is called off, the company is also shifting focus to technology and innovation, disappointing those who await stock repurchases and dividends. How are these new developments distilled into Alibaba stock's estimates? What is our preferred call within the Chinese e-commerce space? Watch our latest analysis.
http://www.morningstar.hk
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