PawsAndProfits
07-18

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.

$Alibaba(BABA)$  

$iShares China Large-Cap ETF(FXI)$  

Does this surge in BABA again just a response to the renewed conflict between US and Iran,  causing investors to have renewed confidence in the China market again? Or is it just a desperate attempt to keep afloat? 

I took on a bear call spread on BABA and FXI as I predict China will still have a lot of headwinds to navigate, and investors will still prefer US stocks, despite the votatility and turmoil. 

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]  

Alibaba Surges 11% as China AI Stocks Rally — Can the Re-Rating Last?
Alibaba (BABA) soared 11.05% to $109, while its Hong Kong shares (09988) rose 4.56% — leading a broad rally in Chinese AI stocks. The driver: a rising tide of China AI optimism, as markets reprice the long-suppressed valuations of Chinese tech giants in the AI era. As the flagship of China's cloud and AI infrastructure, Alibaba is now the standard-bearer for a Chinese ADR re-rating. With capital rotating out of crowded U.S. AI names toward cheaper Chinese ones, is this 11% jump the start of a sustained re-rating — or just an oversold bounce?
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.

Comments

We need your insight to fill this gap
Leave a comment