[New post] BB: Alibaba Shares Are Cheapest Ever as Crackdown Wipes $526 Billion

alanyeo posted: " By Sofia Horta e Costa December 2, 2021 Alibaba Group Holding Ltd.'s U.S.-listed shares have never been this cheap and yet investors keep bailing. On a reported earnings basis, Alibaba's American depositary receipts trade at a multiple of 18.7. Tha" New post on Alpha Edge Investing BB: Alibaba Shares Are Cheapest Ever as Crackdown Wipes $526 Billion by alanyeo By Sofia Horta e Costa December 2, 2021 Alibaba Group Holding Ltd.'s U.S.-listed shares have never been this cheap and yet investors keep bailing. On a reported earnings basis, Alibaba's American depositary receipts trade at a multiple of 18.7. That's the lowest since its 2014 debut, and the widest discount to the Nasdaq 100 Index's average multiple […] Read more of this post alanyeo | December 2, 2021 at 2:32 pm | Tags: alibaba, BABA | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6Kh Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/12/02/bb-alibaba-shares-are-cheapest-ever-as-crackdown-wipes-526-billion/