The firm expects Alibaba is the best way to play a rebound in the China internet sector.
The outlook for Alibaba has improved in 2023 as China reopens, according to Goldman Sachs. Analyst Ronald Keung added the stock to his conviction buy list, saying Alibaba is the best way to play a rebound in the China internet sector. "We see Alibaba at 11X 2023 adj.
He expects the China internet sector will get a lift following easing Covid restrictions, as well as a macro recovery expected in the second quarter.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Goldman Sachs to start cutting thousands of jobs midweekGoldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough economic environment.
Lire la suite »
US NFP: Encouraging for a soft landing – Goldman SachsIn a recent interview with CNBC, Goldman Sachs Chief Economist Jan Hatzius offered his take on Friday’s United States Nonfarm Payrolls data. Also read
Lire la suite »
Goldman Sachs may cut 3,200 jobs: reportGoldman Sachs Group Inc. is set to begin a large round of staff layoffs this week, cutting as many as 3,200 jobs, according to a report on Monday from...
Lire la suite »
Goldman Sachs to Slash 3,000+ Jobs This Week: ReportGoldman Sachs will start laying off thousands of workers on Wednesday, according to reports, as the bank braces for a difficult year in 2023.
Lire la suite »
San Antonio's 25 most beautiful placesThe Alamo City is full of breathtaking landmarks. Here are the best it has to offer. SanAntonio SATX SanAntonioTX Travel Texas ThingsToDoInSanAntonio
Lire la suite »