This is an attempt to talk up the market using old news...first chapter, protests by Chinese against zero Covid approach; 2nd Chapter a few weeks ago, Chinese Govt relaxing 'internal controls' and nothing heard about relaxing border controls; 3rd Chapter which is ongoing... relaxation of internal controls coupled with weak vaccination results in rampant increase in COVID infection nationwide and we're still waiting for the fallout from that.  Don't see how we can read from this that China is opening up let alone that Alibaba going to profit from that... let's not forget Alibaba is not the favoured child of Chinese Govt anymore...

Hate to be a naysayer since I think Alibaba has potential for great returns to investors but that's for the long term unfortunately. It's too early to say their venture into this new area is a success and we need to see more visible evidence instead of data that's provided by Alibaba. We know that Chinese companies are not known to share details of their businesses... especially when it's bad news.

All things said, most of us will agree that Alibaba remains a structurally sound company with high long term growth potential. Nevertheless we cannot assume that there's no further significant downside in its prices as so long as China refuses to change its unsound COVID-19 policy and open its economy again, the shares of Alibaba will continue to gravitate downwards. We must also not forget that even if China opens up again, it will still take time for the Chinese consumer to recover their buying power which has been dealt an almost death blow by the lengthy closure of China, leading to increased poverty as businesses and workers struggle to survive.

Not the time now to be doing cost averaging as stocks seem to be rising euphorically...but need to still be invested in market albeit having cash in reserves in case of crash allowing for opportunity to then go into cost averaging.

Buffet says to buy when others fear...but now everyone's feeling optimistic even though much is still not clear. Would suggest going into market with caution with an exit plan to allow a more orderly retreat if things turn southwards suddenly.

Still a great stock to buy for logn term if it goes down further.

Probably a Dead Cat's bounce 

Time to start picking choice blue chips? 

Agree that there's still some more downside for Alibaba, but believe we're likely to see a resurgence once China opens it's borders and allow life as usual.

I share a contrarian view and think it's going to be tougher for Pinterest to monetise... Pinterest brings to mind Facebook which everyone knows is finding it harder to be profitable. I would think Shopify is more likely to be the winner given it's easier to understand business model. 

Prices of Apple 14 are crazy...One can about buy a laptop at those prices! Good stock to short methinks...

With such a healthy netcash position why would it need to seek Chinese capital in a country which is subject to Chinese unilateral interference? Methinks it might be a politically driven move and does not allow one to totally deny delisting possibility.

So long as there are people who are greedy for fast returns, we will continue to see such manipulation of the market by the Big Boys who are the only ones in long run laughing all the way to the bank.

Both are too strong to remain down for long...

Good long term strategy to go for blue chip bank stocks...great addition to passive income 

Opportunity for those who bought into bear market to offload whatever stock they have of companies without the strong fundamentals to justify investing in long term. 

Wat shouts out to me in that long article is how Shopify is NOT yet profitable...and it's still a buy? Go figure...

When they were comparing Pinterest to Shopify, it was already clear that the latter had a more robust and sustainable business model. I wouldn't buy into Pinterest except as a possible short term quick profit target.