To The Moon

I think the purpose of $Alibaba(09988)$ Alibaba's $2.1 billion stake in Macalline is to help $RS MACALLINE(01528)$ to expand its retail network, accelerate penetration into sunken markets and enhance the operational efficiency of its platform, which is expected to further boost the business base of both parties and further open up the growth of both parties' business. It will also have a positive effect on the recovery of domestic consumption and the entire property and home furnishing industry chain. Since the relaxation of the domestic epidemic prevention policy and the relaxation of the housing bailout policy, the real estate sector has started to show signs of recovery, as the central government also wants the real estate sector to recover, thus increasing tax revenue. On the other hand, people's desire to buy houses has increased, and Red Star Macalline will benefit from this, because not many houses in China are clear commercial houses, and owners need to buy their own building materials and need to decorate in order to live in them, and Red Star Macalline is providing these things to these owners. Therefore, this year, Red Star Macalline's performance will have a 180-degree change, the leader of the home furnishing market to welcome a strong recovery. Alibaba, which is mainly based on mergers and acquisitions, will not let go of Red Star Macalline's increased holdings and become the second largest shareholder. The truth is that Alibaba also wants a piece of the home furnishing business. And Alibaba can use a discount of 80% of the purchase price to buy shares, low cost and high income. It is believed that Red Star Macalline's profit contribution will also bring Alibaba part of the future profit. Alibaba did the right thing this time. Alibaba's stock price, now at $113, is already close to the $121 position made in July 2022 with only a very small water level. If you want to absorb, you can consider it around $100 to $105. Do not set a stop gain and stop loss. The above information is for reference only and investors should make their own decisions on trading. $HSI(HSI)$ @MillionaireTiger @TigerStars @CaptainTiger @Daily_Discussion @MaverickTiger