BABA buy the rumour, sell the news happening right now. China stimulus announced yesterday. Bessent meeting with China, might have a deal soon enough, so hold tight or accumulate.
BABA P/E 18. Cloud unit growing double digits again. Doing great on the AI front with Qwen latest version. Alibaba will be back to $300 sooner than we think 🚀🚀🚀
BABA haters are not paying attention to the big picture between the US and China. This is one of the relatively safest places to put some chips on the other side of the fence. Think about a Dutchman investing in Britain, or a British national investing in the burgeoning United States. That's where we're at folks; think long term ;)
BABA A few US lawmakers are pushing for chinese companies to be delisted from the NYSE. If that happens (unlikely), ADRs will automatically be converted to HK shares. No worries 👍