$Alibaba(BABA)$
My thesis with BABA and JD $JD.com(JD)$ is that even in the unlikely case that they are zero-growth companies over the long term, their pace of buybacks is ferocious to the point that investors will have a happy ending. Expansion of the Chinese middle class, growing GDP, normalization of relations with the West , and the enabling effects of China's next-level infrastructure are possible wildcards that could enhance returns.
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