$Alibaba(BABA)$ i think the ma

2023-08-10

$Alibaba(BABA)$ i think the market won't really go up much. Firstly, there won't be marked improvement in this results as the thawing of the Authorities is only quite recently. Secondly, there is not much stimulus and the job market has been quite weak so not much purchasing impetus. Thirdly, trade has been down so sentiment is poor to spend more. So overall the market won't move much higher.

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