RS MACALLINE(01528)
1.420-0.060-4.05%
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Just Do It ·2023-01-16Alibaba Corporate Action on MacallineAlibaba Corporate Action on Macalline
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 goveTOPChristKitto: GS just added BABA to their Conviction Buy List. Looks right. 8 weeks ago BABA broke it's long term bear trend as did Hang Seng. Trade what you see not what you believe.
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