New Street Research - Alibaba Group Holding Ltd. Sponsored ADR (A117ME) New Street: BABA FY4Q22 Preview - Covid Takes a Bite

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New Street Research

Jin Yoon

New Street: BABA FY4Q22 Preview - Covid Takes a Bite

What’s New: We revise down our FY4Q as well as FY23 estimates mainly due to rolling lockdowns in China which caused supply chain disruptions and adversely impacted consumer sentiment in March. In this note, we highlight the latest update on the business including near term demand outlook and investments in strategic initiatives.

Analysts:
Jin Yoon

07/04/2022 1 EN

Underlying

Alibaba Group Holding Ltd. Sponsored ADR

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US01609W1027 Stuttgart Stock Exchange Cayman Islands

Provider

New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

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Analysts

Jin Yoon

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New Street: BABA FY4Q22 Preview - Covid Takes a Bite

Greater China 2H25 Market Strategy: A Big Beautiful Deal?

China Internet: 618 Festival – Evolving consumer trends and continued focus on value for money.

China Internet: JD’s new initiative in on-demand delivery is reshaping FD market dynamics.

SATS, Carr, and the Art of the No Deal…Yet

Supreme Court Upholds USF Framework but Reform Still Ahead

CMCSA quick hit: Comcast continues to make the right pricing moves

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