November 2019 marked the end of my 12th year in China. That's a good enough reason to write up a list of investing lessons, specific to China, I've learned over the years.
This post is in PDF format. It coincides with episode 32 of China Tech Investor podcast where we look at the year-to-date performance of companies on our watchlist. (I will add the link to the podcast here later) CTI Podcast 20190812 YTD China Consumer indexDownload
Alibaba beat revenue estimates in the June 30th quarter. I've summarized the results in charts, which are updated from my last post. A nice increase on EBITA margins for the quarter (above), due to strong Core Commerce results.