Moody’s Investors Service has affirmed A1 issuer rating and A1 senior unsecured rating of Alibaba Group Holding Limited. “The ratings affirmation reflects Alibaba’s leading market position in China, and its solid track record of cash flow generation and maintenance of a strong financial profile,” says Lina Choi, a Moody’s Senior Vice President. “We expect Alibaba will continue to expand its business scope in a prudent manner, by generating steady operating cash flow and maintaining a financial profile appropriate for its A1 ratings,” adds Choi, who is also Moody’s Lead Analyst for Alibaba.
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