The potential is huge for Alibaba Group Holding Ltd to unlock its value through the historical reorganisation, given its cheap valuation that currently prices the Chinese e-commerce leader below peers. With its Hong Kong shares trading below 10 times of its estimated earnings for the next 12 months, Alibaba's valuation trails that of major rivals JD.com Inc and PDD Holdings Inc, which have double-digit multiples. The stock is even cheaper than utility firm CLP Holdings Ltd, and is valued on a par with China Telecom Corp.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-03-29-story-h-275082030-Alibaba_s_cheap_valuation_shows_big_room_to_grow_with_overhaul

#i3investor