$Alibaba(BABA)$  My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz.

@CaptainTiger  @TigerStars  @Daily_Discussion  @TigerWire  @TigerEvents  

Modify on 2024-01-24 23:06

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.

Report

Comment2

  • Top
  • Latest
  • Danielng
    ·01-25
    TOP
    lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?
    Reply
    Report
  • G3113
    ·01-30
    $Alibaba(BABA)$  It's bleeding most of the time [Spurting]  
    Reply
    Report