Alibaba is a Chinese company not American one trading at may 28, 2017 level when Nasdaq was 6200 AMAZON was 962
HK investors showing they are stronger hand as US ones are weaker one these day
China will continue its stimulus fist half
There are plenty of investors, analysts and strategists staking their reputations on a 2022 rally in Chinese markets. Societe Generale SA, Goldman Sachs Group Inc., BlackRock Inc., UBS Group AG and HSBC Holdings Plc have all turned overweight on the nation’s equities. JPMorgan Chase & Co.’s Marko Kolanovic in December recommended going all in on China this year, predicting the MSCI China Index would surge almost 40%.
Hope Nasdaq won’t hold BABA recovery no more$Alibaba(BABA)$
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