‌$Alibaba(09988)$ ‌Will Alibab-To The Moon - Tiger Brokers Online Investing Community - To The Moon

‌$Alibaba(09988)$ ‌Will Alibaba go down to 60-70 like 6 months ago.

6 months ago - start of covid lockdown major cities

Now: Opening up with fewer and fewer restriction from entering the country

6 months ago interest rate is lower and expected to be higher in coming months

now intererst rate is higher ... but inflation seems to be in control in US

Now China - US tension due to the Valetine Ballons

No news on the audit in Hong Kong

Results announcements

--- Interest rate increase should be factored in the price, news on the audit in Hong Kong should be factored in current price ... the new trigger point is new US-China tension plus results announcement. Q4 resuts may not be good due to sever lock down but 2023 outlook should be postive .. If HK audit is postive, 2023 outlook is posiive, Alibaba should bounce back ... but it is anyone's guess, but I am more on the postive side of the outcome with China openning up and positve 2023 outlook, and Ant issues have settled... and Alibaba should not be down like six months ago...

Do you DD before investing ...

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

RandyRoar
2023-02-15
RandyRoar
Thanks for sharingo
valentia
2023-02-20
valentia
no way 😅
Frisbee
2023-02-19
Frisbee
ok
alylady
2023-02-15
alylady
[Lovely]
KingOfRoarrr
2023-02-15
KingOfRoarrr
Lol
Aqa
2023-02-15
Aqa
Ok

Leave a comment

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Do you DD before investing 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