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2022-03-23

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@GeoL:$Alibaba(09988)$The increase in share buyback is a good boost of confidence, which follows after the recent CCP statement to support the markets.Now, the next possible catalyst is closure on the Ant issue. As it seems that pessimism are all baked into the price, any slight good news may be all we need. IPO for Ant no longer seems viable and we may see it being partially nationalize especially with rumors of Tencent pay being considered by regulators for folding into another holding company.Rumors of massive job cuts at Alibaba & Tencent also signals increased focus on profitability by axing away excess manpower in their former optimistic growth model and exploratory (loss-making) divisions.Lastly, the announcement by Alibaba to

2022-02-24

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