Alibaba’s Sole Bear Analyst Considers Stock a Valuation Trap Amid Mounting Regulatory Risks

Alibaba’s Sole Bear Analyst Considers Stock a Valuation Trap Amid Mounting Regulatory Risks
The logo of Alibaba Group is seen at its office in Beijing, China, on Jan. 5, 2021. Thomas Peter/Reuters
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Manuel Muhl, who downgraded Alibaba Group Holding Ltd. to a sell in late July before its 39 percent plunge, said the stock remains a valuation trap, SCMP reports.

Alibaba’s intrinsic value appeal is not adequately reflected in the stock price as China’s regulatory risks and U.S. delisting pressures continue to mount.