Alibaba to Revive as Chinese Economy Reawakens

Tipranks2022-12-15

Over the past month, Chinese e-commerce giant Alibaba (NYSE:BABA) has seen one of its biggest stock price rallies ever. The well-known reason for the rally is the barrage of good news flowing in from ...

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Comments

  • Titis
    2022-12-16
    Titis
    Ok
  • AA_EhhEhh_88
    2022-12-16
    AA_EhhEhh_88
    Okay
  • T202311701
    2022-12-16
    T202311701
    O
  • Tanyl
    2022-12-15
    Tanyl
    It is time to buy Baba
  • DesertFox88
    2022-12-15
    DesertFox88
    This is an attempt to talk up the market using old news...first chapter, protests by Chinese against zero Covid approach; 2nd Chapter a few weeks ago, Chinese Govt relaxing 'internal controls' and nothing heard about relaxing border controls; 3rd Chapter which is ongoing... relaxation of internal controls coupled with weak vaccination results in rampant increase in COVID infection nationwide and we're still waiting for the fallout from that.  Don't see how we can read from this that China is opening up let alone that Alibaba going to profit from that... let's not forget Alibaba is not the favoured child of Chinese Govt anymore...
  • hphoa
    2022-12-15
    hphoa
    ❤
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