quixi
10-02

$Alibaba(BABA)$ $BABA-W(09988)$ To be honest, I do not worry about BABA price in short term. My average cost is in 90s and it’s my long term holding. If you review top 20 countries in the world, I bet China is still one of the countries that will be richer and stronger in the next 5+ years. Germany,France and UK are in bad shape due to the Ukraine war. US stock market will be fine unless the new president makes too many mistakes. Japan has lost its innovation power in the last 20 years. Middle East is a war zone now. Conclusion:BABA is one of the companies to benefit from a richer China.

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