Jack Ma and Alibaba are still wandering on the road.docVIP

 PAGE \* MERGEFORMAT 6 Jack Ma and Alibaba are still wandering on the road March 18 that day, for Alibaba, it should be depressed one day. That day, Alibaba announced the listing of the first financial report since: 2007 revenue growth of 59% over 2006 net profit soared 340%. Excellent results coupled with the Hang Seng Index rose 316 points the day the broader market in return for an unexpected Quote: day Alibaba fell 22 percent, to close at 12.2 Hong Kong dollars, below the issue price of 13.5 yuan, and Ali Baba On that day closing price of 39.5 Hong Kong dollars compared to the market value has been seriously diminished. Why is it so? Of course, such a contrast from the world economic environment is becoming increasingly depressed, but more that the capital market for Alibaba in 2007 after the earnings and business prospects of the doubt - Alibaba revenue compound annual growth rate in 2007 and paid subscribers growth rate, compared with 2006 has decreased greatly. The embarrassment of China, Alibaba’s new challenges The Yangtze River Delta, Pearl River Delta’s export-oriented economic entity is one of Alibaba’s main customer base, but the current economic trend determined in 2008 a reduction in export volume of foreign trade for the export of the Yangtze River Delta and Pearl River Delta manufacturing industry groups to that the muzzle turned around is imminent domestic matter. In fact, these enterprises is the god to Alibaba, they are expected to Ma will bring them a large number of export orders, it is clear that rapid deterioration of the situation so that Alibaba is also caught by surprise. Return on capital for the pursuit of nature, doomed to only icing on the cake, no timely help. These grew up in a mature environment for investors, of course, changes in Alibaba that may arise from a clear understanding of chest. Thus, although the performance is not bad, but the long-term bullish been marked with a question mark if the Chinese economy in 2008,