$Alibaba(BABA)$ 🚀⚡🎯 BABA’s Big Buy-Up, Mainland Maestros Strike Again! 🎯⚡🚀
Esteemed BABA traders, cop this dazzling scoop straight from the mainland! Over the weekend, those sly wizards of wealth jacked their Alibaba stake to a regal 7.25%, nabbing another 22 million shares with the slickness of a magician pocketing the ace of spades! They now clutch a whopping 1.38 billion shares of 9988.HK through the Stock Connect programme via HKEX Group. This isn’t just pluck, it’s a BABA blockbuster scrawled with outrageous swagger!
What’s sizzling for Alibaba’s stock? This isn’t a shy nudge, it’s a booming haka from mainland bigwigs, betting hard that BABA’s a diamond set to shine. They’re drooling over its e-commerce empire, AI wizardry, or a growth burst lurking round the corner. With China loosening the regulatory chokehold and juicing the economy, this could be the match to light BABA’s next bonfire. Last close hit $140.62 (up 0.48%), but overnight’s dipped to $137.90 (down 1.93%) as of 10 Mar 25, NZ time, dip to snag or pause for breath?
TradingView’s mean target’s now tipped at $162.80, with support hardening at $135, and resistance teasing the 52-week peak of $145.36. Analysts are frothing, mostly bullish:
🟢 28 Buy
🟡 10 Hold
🔴 1 Sell
Capital flows are roaring, northbound buying’s spiked, with volume smashing 31.90M shares, and market cap ballooning to $334.1B. At a forward P/E of 15.48, and a tidy 1.41% dividend yield, that’s a screaming green light for momentum hounds!
Top analyst zingers:
🗞️ “Alibaba’s core growth still yells undervaluation” — Bernstein
🗞️ “Smart money’s stacking chips on BABA’s restructuring win” — JP Morgan
🗞️ “AI and e-commerce syncing up under new brass? Strap in!” — Citi
Competitor rundown (by volume):
1. JD.com (JD): 🟢 15 Buy, 🟡 8 Hold, 🔴 2 Sell
2. PDD Holdings (PDD): 🟢 18 Buy, 🟡 6 Hold, 🔴 1 Sell
3. Tencent (0700.HK): 🟢 22 Buy, 🟡 7 Hold, 🔴 2 Sell
Fun Fact
BABA’s market cap’s chilling at $334 billion today, but back in 2020, it was strutting at $850 billion! Is this phoenix fluffing its wings for a comeback?
Hey Tiger Traders, you piling your BABA cart for a moonshot, or reckon this surge is all hot air?
Mainland capital flows hint BABA’s got legs for the next quarter. This relentless buying, paired with volume popping off, could shove it past $145 resistance if sentiment holds. AI breakthroughs or policy sweeteners might even nudge it toward $160 by June, keep an eye on the tape!
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Happy trading ahead! Cheers, BC 📈🚀🍀🍀🍀
Modify on 2025-03-10 12:16
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might be a good call for a "dip buy"... let's check how the day goes
thanks BC. great article 🙂
看起来它正在为那个障碍下降！一如既往的精彩报道！！！💕
很棒的文章，你愿意分享吗？
Great article, would you like to share it?
很棒的文章，你愿意分享吗？
Great article, would you like to share it?