N30
01-24

$Alibaba(BABA)$  My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz.

@CaptainTiger  @TigerStars  @Daily_Discussion  @TigerWire  @TigerEvents  

Modified in.01-24
BABA Surge: Have China Stocks Bottomed?
Alibaba jumped 8% yesterday and led Chinese stocks to rebound. Jack Ma and another cofounder of Alibaba have bought than $200 million worth of the company’s shares in recent months, according to a regulatory filing and The New York Times. ------------- With Alibaba leading the surge of China stocks, is good time to buy or not? What's your target price for Alibaba and other China stocks?
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Comments

  • Danielng
    01-25
    Danielng
    lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?
  • G3113
    01-30
    G3113
    $Alibaba(BABA)$  It's bleeding most of the time [Spurting]  
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