Select Page
Wai Keong Mak asked 2 weeks ago

Based on it’s latest financial result, will you sell of your stake in Ali Baba?

2 Answers
Victor Chng answered 2 weeks ago

Hi Wai Keong,
 
Can you share your thinking about selling Alibaba based on the latest financial results, so I can have a better understanding behind this question. 

Wai Keong Mak replied 2 weeks ago

I don’t know. Profit miss expectation. Seems to be losing out to JD.com.

Victor Chng answered 2 weeks ago

Hi Wai Keong,
 
If your initial thesis of Alibaba is expecting bad results then the current share fall should not affect you. On the side note, even though JD and Alibaba are in the e-commerce business but their business model is not the same.