$BABA-W(09988)$ $BABA-W(09988)$ Alibaba is oversold, It continue to break all the support level, I think next level will be $100, I will at around this price again this week. Honestly I'm very happy it keep falling, else how am I going to have chance to buy such a good company at such low valuations. Once earning release people are going to start FOMO and buy Alibaba.
ARKW Investment Tracker position change: Decreased position in Alibaba by 7,176 shares, the number of shares held decreased 5.2% compared to the previous period and now represents 0.96% of the total position.
ARKK Investment Tracker position change: Decreased position in Alibaba by 654,588 shares, the number of shares held decreased 46.01% compared to the previous period and now represents 1.3% of the total position.
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through four segments. The Alibaba China E-commerce Group segment is mainly engaged in E-commerce business, including operating Tmall Supermarket and Tmall Global, providing customer management services, product sales, as well as logistics services. It also operates quick commerce business such as Taobao Instant Commerce and Ele.me, as well as the China commerce wholesale business through 1688.com. The Alibaba International Digital Commerce Group segment is mainly engaged in international commerce retail and wholesale business, operating platforms such as AliExpress, Trendyol, Lazada and Alibaba.com. The Cloud Intelligence Group segment mainly provides public and non-public cloud services. The Other segments primarily include the operations of Freshippo, Cainiao, Alibaba Health and other business.