I am seeing higher probability that Chinese tech stocks have made their bottoms and same for hang Seng tech index, which recently touched above 4660 and ended around 4500 this week. However, for every probability that I ascribe for my own assessment, I believe that it is not a 100 percent certainty that it will happen. China still has to play it's cards right in terms of execution which remains as the biggest risk card to me. Why did I say so? So far if I did not recall wrongly, there are 3 times for which conferences were held by NDRC, etc etc and other state authorities but there are no single measures that lay out clearly the execution plan and the figures to bring about the excitement of consumer spending. Domestic spending still remains the most difficult piece of the puzzle. In Us, d
$Alibaba(BABA)$, once regarded as the shining star of the Chinese tech sector, has faced significant challenges in recent times. Regulatory headwinds, logistics concerns, and geopolitical tensions have led to a decline in investor sentiment, resulting in the stock being beaten down. However, the recent developments in the e-commerce space, coupled with the company's strategic moves, suggest that Alibaba might be on the brink of a turnaround. Let’s explore the growth potential of $Alibaba(09988)$ as it gears up for its quarterly report on August 10 and discuss why it might be an attractive investment opportunity for the future. [Smart] Background Alibaba co-founder Jack Ma Alibaba Group Holding Limi
I am seeing higher probability that Chinese tech stocks have made their bottoms and same for hang Seng tech index, which recently touched above 4660 and ended around 4500 this week. However, for every probability that I ascribe for my own assessment, I believe that it is not a 100 percent certainty that it will happen. China still has to play it's cards right in terms of execution which remains as the biggest risk card to me. Why did I say so? So far if I did not recall wrongly, there are 3 times for which conferences were held by NDRC, etc etc and other state authorities but there are no single measures that lay out clearly the execution plan and the figures to bring about the excitement of consumer spending. Domestic spending still remains the most difficult piece of the puzzle. In Us, d