BABA is upgraded by Nomura Securities with a Top Buy rating and a PT of $137
Sentiment: Strong Buy
Wrong! If you don't mind wait for two or three weeks, the shipping is free. I have bought lots of stuff from aliexpress with no shipping costs at all.
Volume exceeds the 3 months average. It looks to me somebody was loading up today. Definitely strong support here. A great to load up.
Exactly! China government only cuts subsidy when the industry is thriving!
Actually the news will be incentive for stronger growth and technology innovation for the next two years with no subsidy cut over the same period of time.
No impact till end of 2017. Buy in dips.