Strong financials with positive earnings and cashflow. proven business with massive customer base.
Only downside risk is governmental policy interference, which I feel it's already priced in over the last few years. also, it's important to note that the Chinese government has eased off pressures on Chinese tech companies recently.
so if we believe in fundamentals and value investing, I reckon the stock is currently trading below intrinsic value with room to grow.
I do have a position in BABA and would be holding for a while
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