πππIt's Black Friday! The Best Time of the year to go bargain hunting! Top of my list are the 5 HK SDRs listed in SGX. Even better, there is a Zero commission promotion on the 5 HK SDRs by Tiger Brokers. My favourite HK SDR is $Alibaba HK SDR 5to1(HBBD.SI)$ . It is down 0.3% on Friday but up 2.4% in the past 5 days. HBBD is trading at a ratio of 5 to 1 to $BABA-W(09988)$
Alibaba dominates China's online retail market with a strong presence on platforms like Taobao and TMall. Despite slowing retail growth in China, Alibaba's reach across South East Asia and other international markets remains robust.
Alibaba Cloud is the leading Cloud Provider in China. There is also significant long term upside potential with the global shift towards cloud adoption.
The Chinese authorities have recently introduced a series of stimulus measures that would benefit Alibaba and other Chinese stocks.
Compared to its US stocks like Amazon and Walmart, Alibaba is currently trading at an attractive discount. As a bargain hunter, that is music to my ears.
I believe that Alibaba $Alibaba HK SDR 5to1(HBBD.SI)$ is my Black Friday's Best Bargain stock to buy as it has tremendous exponential growth in the long term.
@TigerEvents @TigerStars @Tiger_comments
Comments