Daily Reflection on China

Daily Reflection on China

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Daily Reflection on China
Daily Reflection on China
Singapore, Alibaba and Lazada
Stock Market

Singapore, Alibaba and Lazada

Watch for these two stock drivers of Alibaba

Qi Wang CFA's avatar
Qi Wang CFA
May 30, 2022
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Daily Reflection on China
Daily Reflection on China
Singapore, Alibaba and Lazada
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Marina Bay Sands, Singapore
Photo by Hu Chen on Unsplash

So I was in Singapore for the past two weeks, and thanks to UOB Kayhian for helping set up some great meetings!

Two things happened when I arrived in Singapore on May 17:

  • China’s retail sales dropped 11% yoy in April, massively disappointing and the biggest decline since the covid outbreak in early 2020.

  • The Chinese government h…

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