Theme Highlight:

Alibaba has been a top holding in KWEB since its initial public offering (IPO) in 2014. The company has evolved quite remarkably over nearly a decade since first listing publicly on the New York Stock Exchange (NYSE). Despite its flat stock price performance, the company has increased revenues by 20 times since listing.¹

In this fall’s China Internet Report, we look at “Alibaba on the move,” and why we believe there could be positive catalysts for the company’s future. We also provide recent sector highlights and an overview of top companies’ earnings results.

China Internet Highlights:

• Progress on a US-China audit deal
• Zero COVID curtailed further
• The resumption of new game approvals

China Internet Sector Earnings Report Contents:

• China Internet Recent Highlights
• Subsector Analysis
• Theme Highlight: Alibaba on the Move
• KWEB Top 10 Holdings Earnings Update

1. Data from Bloomberg as of 6/30/2022