While the fine signifies an end to the current investigations by the Chinese authorities, it doesn't preclude that similar investigations may occur if and when the Chinese authorities deem fit to do so. Nevertheless, if you believe in the fundamentals of Alibaba's core business in e-commerce and the growth prospects of its cloud computing segment, the threat of future investigations should not put you off.
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- Evey77·2021-04-14Agree, but I believe it has a wide enough moat and worth investing in. Hopefully the analysts are right in that the govt is not out to snuff Big Tech coys, but to set the tone they want to set. [微笑]1Report
- L1324·2021-04-13Great write up. ATH pleaseLikeReport