To The Moon

My youtube channel: https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw Do support and subscribe to my channel if you like my analysis! Thanks!!! Alibaba is a very well-known company, which global investors have long bought into its story. But if you have been reading my articles, you would know that I have been saying that Alibaba's Jack Ma has "stepped" onto the wrong foots by challenging central authorities. Nevertheless, the recent episode, which I mentioned that Jack Ma's reappearance may mark the bottom of Hang Seng Tech index. It was then in a short period later that I find this thesis wrong as the crackdown of Chinese tech companies have given a chance to shortsellers and US in their battle between US and China. Now the battle between US and China will determine how Hang Seng Tech index will perform.. The recent white paper by China on export control would be a way to deter US. Will this work? There are other measures by China and US as well though... I have recently done an update on China's regulations on my channel. Take a look and subscribe if you are keen to be updated on China's developments as well as other stocks analysis (covering US and Hong Kong shares) In recent days, we see that Alibaba made lower low and for its US shares to hit almost 108 USD, a multiyears low. In fact, the problem with Alibaba did not end when we see a collaboration between China and Alibaba Cloud being halted... What I do want to say is since there are so many Chinese tech stocks that have been beaten down so badly, it may be better for me to take my risk bets on other Chinese tech stocks rather than Alibaba. If Alibaba is to rebound so will other Chinese tech stocks with good businesses and growth prospects. That is how I am going to take my investments on a portfolio basis... Shortsellers know that Alibaba is not in the best light and why get in their way. In addition, the anti-monopoly regulations clearly do not favour the biggest tech with Alibaba as the top 1 or 2 tech companies in China. $Alibaba(BABA)$$Alibaba(09988)$$TENCENT(00700)$$XIAOMI-W(01810)$$ISHARESHSTECH(03067)$$Huya Inc.(HUYA)$$Baidu(BIDU)$$JD.com(JD)$$JD-SW(09618)$$Pinduoduo Inc.(PDD)$$MEITUAN-W(03690)$$TRIP.COM-S(09961)$$Dingdong (Cayman) Limited(DDL)$$Kanzhun Limited(BZ)$$DiDi Global Inc.(DIDI)$$NEW ORIENTAL-S(09901)$$TAL Education Group(TAL)$$Missfresh Limited(MF)$ $Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$ As always, this should not be construed as any investment or trading advice.