Alibaba Group Holding Limited's (NYSE: BABA) logistics arm Cainiao Network Technology Co is gearing up for its Hong Kong initial public offering, becoming the first Chinese tech firm's six business units to go public.

Alibaba has tapped banks, including China International Capital Corp Ltd (OTC: CNICF) and Citigroup, Inc (NYSE: C), to prepare for the IPO, Bloomberg reports

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$Tiger Brokers(TIGR)$ Towards the 2nd month of this quarter saw the most dramatic reversal of the hang seng index and many listed chinese tech stocks from November of last year , when the HSI plunged to a level 14xxx not seen for nearly 14 years since 2008/2009 . Then it was the spectacular V shape recovery till early feb of this Q1 2023 . Adding to the recovery was China’s sudden early exit from strict covid policies . It was buying the painful dip of alibaba $Alibaba(BABA)$ that i recoup some losses then. But soon the HSI in February was subjected to heavy selloff that took the HSI from 22500 to 19000 level . ON a hindsight , i regretted not selling off my major position in my stocks . In January this quarter , famous wall street bear like " THE BIG SHORT" - Micheal burry shouted "SELL" !!! Now end of march , the same fellow confessed that he was wrong and had made a bad call . i guess he suffered huge losses in his short too . Recent reports in last few days mentioned the markets are officially out of the bear market as it is entering a new bull market now . Latest news on 30 march 2023 , Alibaba’s Cainiao is in the progress of launching its IPO in Hong Kong by end of 2023 . The first of the 6 of Alibaba’s main units that seek IPO . So tiger investors are you ready for the bullrun from Q2 2023 ??!!! MAY THE HUAT BE WITH YOU !! [Call] [Call] [Call] [Call] [Love] [Love] [Love] [Love] [Love] [Heart] [Heart] [Heart] [USD] [USD] [USD] [USD] [USD] @TigerEvents @Tiger_chat @TigerPM @MaverickTiger @TigerObserver
$Tiger Brokers(TIGR)$ Towards the 2nd month of this quarter saw the most dramatic reversal of the hang seng index and many listed chinese tech stocks from November of last year , when the HSI plunged to a level 14xxx not seen for nearly 14 years since 2008/2009 . Then it was the spectacular V shape recovery till early feb of this Q1 2023 . Adding to the recovery was China’s sudden early exit from strict covid policies . It was buying the painful dip of alibaba $Alibaba(BABA)$ that i recoup some losses then. But soon the HSI in February was subjected to heavy selloff that took the HSI from 22500 to 19000 level . ON a hindsight , i regretted not selling off my major position in my stocks . In January this quarter , famous wall street bear like " THE BIG SHORT" - Micheal burry shouted "SELL" !!! Now end of march , the same fellow confessed that he was wrong and had made a bad call . i guess he suffered huge losses in his short too . Recent reports in last few days mentioned the markets are officially out of the bear market as it is entering a new bull market now . Latest news on 30 march 2023 , Alibaba’s Cainiao is in the progress of launching its IPO in Hong Kong by end of 2023 . The first of the 6 of Alibaba’s main units that seek IPO . So tiger investors are you ready for the bullrun from Q2 2023 ??!!! MAY THE HUAT BE WITH YOU !! [Call] [Call] [Call] [Call] [Love] [Love] [Love] [Love] [Love] [Heart] [Heart] [Heart] [USD] [USD] [USD] [USD] [USD] @TigerEvents @Tiger_chat @TigerPM @MaverickTiger @TigerObserver

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  • smee
    ·2023-03-31
    [Miser] [Miser] [Miser]
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    • SPOT_ON
      load
      2023-03-31
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  • WendyK
    ·2023-03-31
    Okie
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  • CoinYeye
    ·2023-03-31
    nice
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    • SPOT_ON
      load cheap
      2023-03-31
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  • ARG
    ·2023-03-31
    👍👍👍
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    • SPOT_ON
      [Call] [Call] [Call] [Call] [USD] [USD] [USD]
      2023-03-31
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  • jingsheng
    ·2023-03-31
    ok
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  • AliceSam
    ·2023-03-31
    [微笑]
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    • SPOT_ON
      load
      2023-03-31
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  • Khikho
    ·2023-03-31
    [微笑]
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  • views123
    ·2023-03-31
    ok
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    • SPOT_ON
      ok
      2023-03-31
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  • Rtzeey
    ·2023-03-31
    👍🏻
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  • spkek
    ·2023-03-31
    Ok
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    • SPOT_ON
      load cheap
      2023-03-31
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  • Dirui
    ·2023-03-31
    Oki
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    • SPOT_ON
      buy
      2023-03-31
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  • matthew_more
    ·2023-03-31
    ok
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    • SPOT_ON
      [Like] [Like] [Like] [Like]
      2023-03-31
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  • StickyRice
    ·2023-03-31
    Nice
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    • SPOT_ON
      [Call] [Call] [Call] [Call] [USD] [USD] [USD]
      2023-03-31
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  • appz
    ·2023-03-31
    [smile]
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  • Jazim
    ·2023-03-31
    ok
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