Alibaba Group is the world’s fourth largest and Asia Pacific’s largest Infrastructure-as-a-service provider by revenue. Alibaba Group is also China’s largest provider of public cloud services by revenue. Cloud Intelligence Group offers a complete suite of cloud services, including proprietary servers, computing, storage, network, security, database, big data and AI, container, machine learning, and model training and inference. Alibaba leverage these capabilities and technologies to provide customers across various verticals with industry-specific solutions, enabling intelligent business decisions and operations. Ali cloud services’ added value translates into direct and tangible results, and these services have become a critical foundation for customers, many of whom are reputable industr
HK Stocks Rebound: Can Alibaba Climb Higher?
Alibaba jumped 6% this week, as Taobao topped the App download charts in 16 countries. Alibaba's valuation remains at a long-term low, with a forward P/E ratio of just 10.32. In light of the trade war, do you have more confidence in the outlook for Chinese companies? Would you choose Alibaba on the U.S. market or in Hong Kong? Can Alibaba return to $130 amid this rebound?
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