Friday, May 27, 2016

Investors concerned about Alibaba´s opaque accounting – Shaun Rein

Shaun Rein at CNN
Shaun Rein
The US Securities and Exchange Commission voices concerns about Alibaba´s sprawling business empire, and the way its accounting is organized. But also investors are concerned, tells business analyst Shaun Rein in the Financial Times. 

The Financial Times:
Analysts say investors have grown uncomfortable with the sprawling and opaque structure. 
Shaun Rein, head of Shanghai-based China Market Research Group, says the hedge fund he advises has raised concerns about how Alibaba allocates costs among different entities and whether it affects its margins and share price. "That's a concern that has been brought up to me many times," he says. 
Alibaba declined to comment, though it said in its annual report that it has increased its disclosure on Cainiao in response to the SEC investigation. 
Mr Ma is not just the biggest shareholder in Alibaba. He is also one of the principal owners of Ant Financial, which controls Alibaba's online payment platform Alipay and is contemplating a separate stock market listing.
More in the Financial Times.

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers´request form.

Are you looking for more experts on e-commerce at the China Speakers Bureau? Do check out this list.  
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