Stay away from Alibaba – Mark Mobius

This video covers the concerns that Mark Mobius has about the Alibaba shareholding structure, i.e, dual shareholding with promoters having significant control and little recourse for minority shareholders. Its not considered proper in the USA and NYSE should not have accepted such a listing. But commercial considerations have dictated the current situation.

Dr. Mark Mobius, Executive Chairman, Templeton Emerging Markets Group. He earned Bachelors and Masters degrees from Boston University, and Ph.D. in economics and political science from the Massachusetts Institute of Technology (MIT).

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