China risks are way overblown especially with a global giant like alibaba
Alibaba is an absolute steal. Foreign market customers grew 10% QoQ. Lazada will absolutely be huge for baba in the future in the Southeast Asia market. As the Chinese economy passes the us economy by the end of the decade, Alibaba will be a natural beneficiary. Alibaba also has a lot of potential with a subscription based model that Amazon prime does. Once baba does it, in which they are working on doing it with Ali express, that create even more revenue and be highly profitable. 3% buyback yield(essentially a dividend) company growing 28% this year trading at 20 times earnings and 15 next years, absolute steal. China risks are way overblown especially with a global giant like alibaba.$Alibaba(BABA)$
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- 杭州小道投资·2021-08-04阿里巴巴如果在美国市值1万亿美金很正常，马云是成功企业家，有责任。只可惜了LikeReport