$Alibaba(BABA)$ BABA the next Glory of HK/China Amazon
As mention for previous post, China stock connect on 9th September. Now, China regulators also start wish BaBa best and good luck by releasing news saying that after 3yrs of regulated "2 pick 1" monopoly options, FINALLY BaBa receive the best wishes from China.
What is next?
Still to wait US cut rate, then China only can pump money out to stimulus economy. They can't pump now. Because if they release money out now from bank SRR , or any other stimulus policy, money will flow to US, as thier interest is high at 5%+-.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments