$Alibaba(BABA)$Hais. When this nonsense gonna end. I traded from 122 average cost to 115. Its anut job and highly risky to do smth like this. My mid term sell target is at 127/130 and i hope alibaba dont disappoint me. I think EPS will recover strongly as the lockdown in shanghai goes through.
I think it is a great time to buy into chinese tech now as they show great earnings and promising growth for the next few quarters. i believe aliabab clous infrastructure could potentially see big increasement in capturing value as shanghai is in lockdown. Online spending will increase so is Eps when they are buying back shares.