“We are also somewhat concerned that this move speaks to further implosions at the Vision Funds, in the wake of the Silicon Valley Bank collapse,” says analyst Mary Pollock at…
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“We are also somewhat concerned that this move speaks to further implosions at the Vision Funds, in the wake of the Silicon Valley Bank collapse,” says analyst Mary Pollock at…
Analyst Zerlina Zeng at CreditSights notes that “we think that the corporate reorganization reduces the risk of cash burn for Alibaba to fund unprofitable business lines.”
Jason Tan, a banking analyst with CreditSights, said the newly elevated status of the DR was similar to what financial authorities of large and developed economies around the world are…
“Although we have significant reservations behind this credit due to its core travel-related businesses in China, its ownership status, strategic standing in China, optically strong metrics as well as mitigating…