UBP Senior Equity Advisor Vey-Sern Ling on Alibaba

The video discusses Alibaba's financial performance, highlighting a surprising EBITDA result that exceeded market expectations. It explores the company's recovery trajectory, focusing on cost optimization and potential growth in the second half of the year. The discussion also covers Alibaba's long-term growth drivers, including complementary units and their potential to become main growth engines. The video examines margin improvement strategies in light of regulatory changes and projects sales growth over the next few years, emphasizing Alibaba's dominance in the Chinese market.

What was the market's reaction to Alibaba's EBITDA performance?

• It was 20% higher than consensus.

• It was exactly as predicted.

• It was below expectations.

• It was expected and met consensus.

What factors are expected to drive Alibaba's consumption recovery?

• Government fiscal stimulus and macro easing

• Increased competition

• Decreased consumer spending

• Higher taxes

How does Alibaba plan to optimize its cost structure?

• By increasing prices

• By reducing employee salaries

• By expanding into new markets

• By streamlining loss-making businesses

What is the long-term focus of Alibaba's core business?

• Expanding into international markets

• Developing new technologies

• Delivering goods and services to consumers

• Investing in real estate

Which areas are Alibaba's complementary units expected to address?

• Underpenetrated rural areas

• Urban centers

• Luxury goods market

• International markets

What is a key factor in Alibaba's margin improvement strategy?

• Expanding into non-core businesses

• Increasing subsidies

• Raising product prices

• Cost optimization

What is the expected long-term sales growth rate for Alibaba?

• High single digits to low teens

• Mid single digits

• Double digits

• Low single digits