Alibaba HK a conviction buy
With continual strong growth and its international expansion, regulatory crackdown in year 2021 had baked into the price and likely overdone.
As investors comb through global equities, one cansee that China-related stocks have much lower PE/PS ratio.
There are many catalysts such as share buybacks, dividends, window-dressing for the Year 2022.
Put a position in this stock at current price and one will be handsomely rewarded.
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