Has Alibaba's growth story ended?

The Wealth Show - A podcast by Citywire

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Last week saw the failure of Ant Group’s $34.5bn IPO. Chinese tech giant Alibaba was burnt by this, as it owns around a third of the company. As a result, the failed listing shaved $60bn off Alibaba’s market cap in a single day. Rob Brewis, manager of the Aubrey Global Emerging Markets Opportunities fund, spoke about why he holds Alibaba, and whether its growth story has ended. It’s worth noting that this podcast was recorded before Chinese regulators issued anti-monopoly guidelines for internet companies. A move that caused Alibaba’s share price to dip further, alongside other Chinese tech firms.