Baozun: New Buyback Plan And Gap China's Outlook In The Limelight
BZUNBAOZUN(BZUN) Seeking Alpha·2024-01-27 07:06

sasirin pamai/iStock via Getty Images Elevator Pitch I rate Baozun Inc. (NASDAQ:BZUN) [9991:HK] stock as a Buy. My prior write-up, published on November 13, 2024, drew attention to BZUN's favorable corporate developments. The focus of my current article is BZUN's recently announced share buyback program and the financial prospects of Gap China (a business acquired last year that is part of the company's brand management segment now). I am staying bullish on Baozun after taking into account its new share rep ...