Alibaba Group Holding Ltd Is Riding This Catalyst to New Highs
Both of those statements are 100% true, but neither represents BABA’s single most important and, in my opinion, attractive quality. In that very short period of time, Alibaba has invested more than $1 billion in two Chinese companies that are also leaders in their respective industries. The first is in ZTO Express (Cayman) Inc (ADR) (NYSE:ZTO), a Chinese logistics firm that trades on the New York Stock Exchange.
Source:: https://finance.yahoo.com/news/alibaba-group-holding-ltd-riding-185008308.html
