News Snapshot:
Wang He Market sentiment and why I differ The Seeking Alpha analysts' sentiments on Alibaba (NYSE:BABA) (OTCPK:BABAF) seems to be rather bullish. Wall St too is overwhelming bullish on the stock: Seeking Alpha and Wall St Ratings Summary on Alibaba (Seeking Alpha) However, I am not convinced of the bull case quite yet because: Sales have been slow especially in China Commerce Retail and Cloud Chinese Retail Sales data shows weak growth Chinese Consumer Confidence is below neutrality levels Leading B2B indicators make the case for a rebound in the Cloud business difficult The stock is still susceptible to negative...
