SAN FRANCISCO, May 18 morning news, observers say, hedge fund Third Point CEO Daniel Loeb (Daniel Loeb) in advance to become more cautious after Yahoo's director of strategy, in which the hand is focused on advancing Alibaba (microblogging) Group's market.

Since the Third Point wins in Yahoo internal struggle, more and more speculation that Yahoo's new board will accelerate the sale of Asian assets, particularly the most valuable stake in Alibaba Group. But other observers say, Loeb will launch a more cautious strategy, one of which is dedicated to the listing of Alibaba Group.

Yahoo owns 42 percent of Alibaba Group shares, during the campaign initiated by the agency's contention, Third Point will be Alibaba Group as "one of the world's most valuable Internet company," potential valuation at about $ 35 billion.

In fact, the outside world that includes shares of Yahoo Japan and other Asian assets worth more than Yahoo's core business, its core business market is now Google (microblogging) and Facebook and other opponents of the rule. Relations between Yahoo and Alibaba stake in the dispute has also been at loggerheads because, as everyone knows, Alibaba CEO Jack Ma (microblogging) hope to get back some of Yahoo's shares held by the majority, but not all.

But now Ma with Yahoo Loeb represented at the negotiating table conference will discuss the share repurchase issues, but Yahoo investor Eric Jackson (Eric Jackson) believes that Yahoo should not be eager to Alibaba negotiations. Jackson had supported the proxy fight Third Point's.

"The sale of Alibaba Group shares as you have Facebook 40% of the shares, and then to $ 30 billion valuation of all sold, and Facebook is now valued at $ 100 billion," Jackson said, "This will be the company's history on Yahoo! The biggest mistake. "

Jackson proposed a compromise that Yahoo will sell some shares to Ali Baba, but give a clear need Ma IPO (initial public offering) schedule. "You will get the exact valuation of Yahoo shares, more importantly, you will get Ma's IPO date promised."

Wholesale financial markets analyst at BGC Partners brokerage firm Colin Gillis (Colin Gillis) believes that the interests of Jackson's plan to solve the problem of both sides. "Yahoo will sell some shares of Alibaba in exchange for the latter may be the IPO, so that, in fact, Yahoo still holds 'substantial assets'."

Market analysts Haina International (Susquehanna) analyst Herman beam (Herman Leung), said: "Yahoo needs to be part of the shares sold back to Ma, so as to allow the latter decided in the coming year, choose two or three years listed you have to let Ma to obtain sufficient shares to meet. "

In fact, Ma had already hinted at such a trading scheme, he issued last June in the employee's e-mail said: "Our interests and the interests of the entire e-commerce industry and the growing size of consistent, so we can not rule out in the future so that Alibaba Group listed the possibility, because it is supported and continue to trust in return for our employees and shareholders. "

Informed sources said that negotiations between Yahoo and Alibaba Group, Yahoo did not because of internal changes and rupture. Yahoo, Alibaba yet to be reached for comment. (Xiaoming)