Alibaba Group Holding Ltd ADR

BABA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$24.00	Cpdl	Zzhlqpss

Alibaba’s Restructuring Call Indicates Improved Capital Allocation and Return to Shareholders

Chelsey Tam

Mar 30, 2023

Our takeaways from the conference call on restructuring with wide-moat Alibaba Group on March 30 were positive. We view management’s comments on the sale of less strategic investments positively, and we expect there to be capital returned to shareholders following the spinoffs.

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