$Alibaba(BABA)$ $BABA-W(09988)$ Alibaba’s recent rally does feel like a bit of an overreaction from the market. While it’s great to see some enthusiasm, I’m not convinced there are solid fundamental reasons backing this optimism, especially regarding the government’s stimulus package. Sure, any stimulus can provide a temporary boost, but without real, sustainable changes in the company's fundamentals or the broader economy, it’s hard to see how this rally can hold. Investors should be cautious and critically evaluate whether the excitement is genuinely warranted or if it’s just a fleeting reaction.
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