snappix
04-09

$Alibaba(BABA)$

Looked at SEC filings for tuniu corp and JD bought 21 percent of their shares. This is a small cap Chinese tourism business with 28 percent of the leisure travel market share in China. Plus, a new announcement of more measures to support their market. Trading near its lows but setting higher highs and higher lows recently. With great consumption numbers coming in for China for the Lunar new year will this mean record earnings for TOUR? Became cash flow positive last quarter, and trading under cash while its tangible book value is growing.

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