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@Barcode:$Alibaba(BABA)$ 🚀⚡🎯 BABA’s Big Buy-Up, Mainland Maestros Strike Again! 🎯⚡🚀 Esteemed BABA traders, cop this dazzling scoop straight from the mainland! Over the weekend, those sly wizards of wealth jacked their Alibaba stake to a regal 7.25%, nabbing another 22 million shares with the slickness of a magician pocketing the ace of spades! They now clutch a whopping 1.38 billion shares of 9988.HK through the Stock Connect programme via HKEX Group. This isn’t just pluck, it’s a BABA blockbuster scrawled with outrageous swagger! What’s sizzling for Alibaba’s stock? This isn’t a shy nudge, it’s a booming haka from mainland bigwigs, betting hard that BABA’s a diamond set to shine. They’re drooling over its e-commerce empire, AI wizardry, or a growth burst lurking round the corner. With China loosening the regulatory chokehold and juicing the economy, this could be the match to light BABA’s next bonfire. Last close hit $140.62 (up 0.48%), but overnight’s dipped to $137.90 (down 1.93%) as of 10 Mar 25, NZ time, dip to snag or pause for breath? TradingView’s mean target’s now tipped at $162.80, with support hardening at $135, and resistance teasing the 52-week peak of $145.36. Analysts are frothing, mostly bullish: 🟢 28 Buy 🟡 10 Hold 🔴 1 Sell Capital flows are roaring, northbound buying’s spiked, with volume smashing 31.90M shares, and market cap ballooning to $334.1B. At a forward P/E of 15.48, and a tidy 1.41% dividend yield, that’s a screaming green light for momentum hounds! Top analyst zingers: 🗞️ “Alibaba’s core growth still yells undervaluation” — Bernstein 🗞️ “Smart money’s stacking chips on BABA’s restructuring win” — JP Morgan 🗞️ “AI and e-commerce syncing up under new brass? Strap in!” — Citi Competitor rundown (by volume): 1. JD.com (JD): 🟢 15 Buy, 🟡 8 Hold, 🔴 2 Sell 2. PDD Holdings (PDD): 🟢 18 Buy, 🟡 6 Hold, 🔴 1 Sell 3. Tencent (0700.HK): 🟢 22 Buy, 🟡 7 Hold, 🔴 2 Sell Fun Fact BABA’s market cap’s chilling at $334 billion today, but back in 2020, it was strutting at $850 billion! Is this phoenix fluffing its wings for a comeback? Hey Tiger Traders, you piling your BABA cart for a moonshot, or reckon this surge is all hot air? Mainland capital flows hint BABA’s got legs for the next quarter. This relentless buying, paired with volume popping off, could shove it past $145 resistance if sentiment holds. AI breakthroughs or policy sweeteners might even nudge it toward $160 by June, keep an eye on the tape! 📢 Please Like, Repost, and Follow me for razor-sharp setups, stock trends, and insights that hit the mark! 🚀📈 I’m all about sniffing out the next big movers and dishing strategies that stack wins. Let’s trade sharp and grow together! 🍀🍀🍀 Happy trading ahead! Cheers, BC 📈🚀🍀🍀🍀 @TigerWire 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.
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