illusion28
2022-06-02

It has been recommend for a 'strong buy' since the downfall Ant Financial IPO fiasco.

Lots of call to buy Alibaba but the price seems to be going south gradually for the past 2 years. 

No doubt the company fundamentals are good. but whether will it helps to bring up prices in the future no one knows.

But at the moment market doesn't seems to favour fundamentals.

Do bear in mind that people up there also don't want the tech company to be too strong and uncontrollable.


Long 

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