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Top related persons:
Sern Ling - 5 Alibaba - 4 UBP - 3 Daniel Zhang - 3 Eddie Wu - 3 Josh Ye - 3 Yelin - 3 Anne Marie Roantree - 3
Top related locs:
China Beijing HONG KONG Hong Kong Alibaba Shanghai Yelin Mo U.S
Top related orgs:
REUTERS - 3 HK - 3 Thomson - 3 China's - 2 Artificial Intelligence - 2 Union Bancaire - 2 Cloud Intelligence - 1 Casey Hall - 1

Search resuls for: "Sern Ling"


9 mentions found


☆ Alibaba should respond to competition, UBP says
  + stars: | 2024-05-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlibaba should respond to competition, UBP saysVey-Sern Ling, senior equity advisor at UBP, says Alibaba's growth has "faltered" and it should respond to competition from players like Temu and Shein.
Persons: UBP, Sern Ling
☆ Alibaba cancelling its cloud unit spin-off may actually be better for shareholders: Analyst
  + stars: | 2023-11-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlibaba cancelling its cloud unit spin-off may actually be better for shareholders: AnalystVey-Sern Ling of UBP calls Alibaba Cloud one of the "crown jewels" of the Alibaba empire and says that a spin-off of the unit would have reduced the group's shareholder value.
Persons: Sern Ling, UBP, Alibaba
☆ Reaction to Alibaba's scrapping of cloud unit spin-off
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +4 min
3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. Alibaba said its decision to shelve the spin-off was due to uncertainties fuelled by U.S. curbs on exports to China of chips used in artificial intelligence applications. Following are what people are saying about the decision:LI CHENGDONG, BEIJING-BASED TECH AND E-COMMERCE ANALYST:"I believe scrapping the cloud unit's IPO reflects a new development strategy implemented by the new leadership. In short, I think prior decisions to restructure and IPO certain business units will have to be reassessed based on prevailing market conditions. The international business is one of the few Alibaba units that’s growing fast, which puts it in a better position to explore external funding."
Persons: Dado Ruvic, Alibaba, LI, Daniel Zhang, Zhang, BRIAN WONG, CHARLIE CHAI, Eddie Wu, SERN LING, Casey, Josh Ye, Yelin, Anne Marie Roantree, Muralikumar Anantharaman Organizations: REUTERS, China's, HK, Cloud Intelligence, Casey Hall, Thomson Locations: HONG KONG, Hong Kong, China, BEIJING, AliCloud, Alibaba, Shanghai, Yelin Mo, Beijing
☆ Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market value
  + stars: | 2023-11-17 | by ( Donny Kwok Josh Ye | Donny Kwok | Josh Ye | ) www.reuters.com   time to read: +5 min
Alibaba Group's Hong Kong shares closed down 10%, their biggest single-day drop in more than a year. Some analysts said keeping the cloud unit could assist Alibaba's AI push. But (it) also points to the increasing importance of retaining the cloud unit given the surging demand for AI computing in China," said US Tiger Research analyst Bo Pei. Alibaba reported second-quarter revenue of 224.79 billion yuan ($31.01 billion), in line with the 224.32 billion expected by analysts, LSEG data showed. The company also said it will press ahead with a listing of Alibaba's logistics arm, Cainiao, which applied for a Hong Kong initial public offering in September.
Persons: Group's, Jon Withaar, Alibaba, Joseph Tsai, Aly, Jack Ma, Kenneth Fong, Bo Pei, Eddie Wu, Daniel Zhang, Vey, Sern Ling, Donny Kwok, Josh Ye, Casey Hall, Gu Li, Yelin, Ankur Banerjee, Anne Marie Roantree, Brenda Goh, Muralikumar Anantharaman Organizations: HK, Pictet Asset Management, Tencent Holdings, Artificial Intelligence, REUTERS, UBS, Tiger Research, Union Bancaire, Hong, Thomson Locations: HONG KONG, China, Hong Kong, Asia, U.S, Singapore, Washington, Hangzhou, Shanghai, Alibaba, Union, Yelin Mo, Beijing
☆ Alibaba shares slide 4% after former CEO quits cloud unit
  + stars: | 2023-09-11 | by ( Donny Kwok Josh Ye | Donny Kwok | Josh Ye | ) www.reuters.com   time to read: +3 min
Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Zhang also handed over the role of group CEO to Wu on Sunday as scheduled. "Alibaba Cloud has lost some ground with government and state-owned enterprise clients, which were previously a stronghold for the company," Li said. "During his leadership tenure, Alibaba Cloud's business did not improve significantly despite his efforts. Zhang likely realised that the challenges facing Alibaba Cloud's lacklustre growth were beyond what he could influence or control as an individual executive."
Persons: Aly, Daniel Zhang, Alibaba, Eddie Wu, Zhang, Wu, Canalys, Li Chengdong, Li, Sern Ling, Union Bancaire Privee, Donny Kowk, Josh Ye, Yelin, Anne Marie Roantree, Brenda Goh, Muralikumar Anantharaman, Christopher Cushing Organizations: Artificial Intelligence, REUTERS, China's, Reuters, DAMO Academy, Huawei Technologies, Union Bancaire, HK, Thomson Locations: Shanghai, China, HONG KONG, Hong Kong, HK, Alibaba, Beijing, Yelin Mo
☆ Investors in China will have to factor in a higher risk premium in light of U.S.-China tensions: UBP
  + stars: | 2023-06-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors in China will have to factor in a higher risk premium in light of U.S.-China tensions: UBPVey-Sern Ling, senior equity advisor at UBP, discusses U.S. Secretary of State Antony Blinken's visit to Beijing and says business sentiment in China is "clearly negative," especially for foreign businesses.
Persons: UBP, Sern Ling, Antony Blinken's Organizations: Investors, U.S Locations: China, U.S, Beijing
☆ China travel rebound bets turn toward airports, away from airlines
  + stars: | 2023-03-23 | by ( Ankur Banerjee | ) www.reuters.com   time to read: +4 min
"We are optimistic on a rebound in regional and international travel and continue to get exposure through airports and airplane leasing." Shares of Air China, China Eastern and China Southern have gained between 7% to 17% in the past four months, with Air China and China Southern trading above their 5-year average forward earnings, according to Refinitiv data. Airports under perform AirlinesIn the battle for Chinese travelers, local airlines are expected to fare better than regional airlines such as Qantas (QAN.AX), Singapore Airlines (SIAL.SI) and Cathay Pacific (0293.HK), mainly because Chinese airlines kept more widebody planes and staff ready. All three Chinese airlines are expected to swing to profit in 2023 after reporting big losses last year, according to Refinitiv data. Analysts expect Chinese airlines will see profits peak next year as international traffic makes a fuller rebound.
☆ Bulk of valuation re-rating in China tech 'is probably behind us,' UBP says
  + stars: | 2023-02-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBulk of valuation re-rating in China tech 'is probably behind us,' UBP saysVey-Sern Ling of the bank says "the rally has fizzled somewhat."
☆ China's market is for long-term investors, says UBP
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's market is for long-term investors, says UBPVey Sern Ling of UBP discusses the outlook for China markets, and says that current markets are "depressed" but there could be an upside in the longer term.
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