Business

UBS has some new options, Alibaba didn’t make the list


Signage for Alibaba Group Holding Ltd. on display at the company’s headquarters in Hangzhou, China, on Wednesday, November 10, 2021. Alibaba’s annual 11/11 Singles’ Day online shopping market, a marketplace that attracts hundreds of millions of people globally, is an even more important issue this year as the e-commerce giant seeks to shift its focus away from increasing sales and towards sustainability and philanthropy – key pillars of its efforts. President Xi Jinping’s power to reshape the Chinese economy.

Qilai Shen | Bloomberg | beautiful pictures

After a tumultuous year for China’s tech sector, UBS says the end is in sight for the besieged sector. Here are four of the bank’s top picks for 2022, all with buy ratings from the bank.

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