$Alibaba(09988)$ $Alibaba(BABA

2023-03-19

$Alibaba(09988)$ $Alibaba(BABA)$ Here’s some of my late night thinking as I spend my Saturday in the office. We get some good news about the banking industry stabilizing, then we will have the Fed hike with 25 bps which will cause a further rally in equities as they will feel Powell will be less hawkish. China equities will finally come out of the oversold territory on the back of more dovish monetary policy along with no new escalation in the geopolitics. Also, I’ve read that China lowered the bank reserve ratio which improved liquidity for their banks & stimulated the economy. I’ve actually betrayed Alibaba a little and bought into $Bank of America(BAC)$ with some of my new cash inflow. Looking to make some $.

HKEX Stocks Opportunities

Any thoughts and experiences on investing in the HK stock market? Share them with all Tigers here!

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Comments

YueShan
2023-03-20
YueShan
Good ⭐⭐⭐
greyGrey
2023-03-20
greyGrey
billy
HelenJanet
2023-03-20
HelenJanet
👍
Elbert tan
2023-03-20
Elbert tan
Ok
Horsey
2023-03-20
Horsey
k
Yh Phoo
2023-03-20
Yh Phoo
Ok

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