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Alibaba Group Holding Limited (BABA)
NYSE - NYSE Delayed Price. Currency in USD
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At close: 04:01PM EDT
180,799 reactions on $BABA conversation
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Bitcoin investment is one of the quickest past to financial freedom anyone could think of especially with the current status.
My life has totally changed since I started an investment of $6,000 and now earning over $22,200
Rally this week. BABA is trading at less than 2x revenue, hugely profitable, China is openly supporting their tech companies and country is coming out of lockdown. Expecting a good Q2 and a gapper. All bad news has already been priced in. Place your bets!
KraneShares CSI China Internet ETF
Chinese Premier Li Keqiang voices support for tech listings
China will support online platform companies and digital economy enterprises to raise capital in domestic and overseas markets, Li says
Plans by Chinese tech companies to go public in New York have largely stalled after Beijing launched a probe into Didi Global -SCMP
$KWEB $BABA $JD $PDD $NTES $TCEHY $DOYU $BILI $IQ $NIO $FXI
what is your prediction for BABA price this coming week?
Some historical perspective:
In 2014 you could have purchased BABA at $86.
2014 Annual Revenue = 53B CNY
2014 Net Income = 23B CNY
Fast forward to 2022:
Trailing 12 months Annual Revenue = 815B CNY
Trailing 12 months Net Income = 125B CNY
My perspective: DEEP VALUE means GET VERY GREEDY!!!
Reuters Friday May 20
Asian shares jump as China cuts key lending benchmark
China cut its five-year loan prime rate (LPR) by 15 basis points
on Friday morning, a sharper cut than had been expected
.........expectations of stronger easing going forward
Julius Caesar - Renaissance
My statement: now oil is the future, but in the future technology will be the oil of today.
3 month price target: 125 USD ~130 USD
6 month price target: 170 USD
1 year price target: 195 USD
4 year price target: 370 USD
Alibaba's e-commerce platform Tmall expressed that, multiple international luxury brands have released more than 500 exclusive new products for the "520 Online Valentine's Day", and selected Tmall as the designated online platform for the launch of the first batch of said special items. The new products include jewelry, wristwatches and handbags which will be suitable for sending gifts. Tmall Luxury under Tmall, as China's first e-commerce platform having amassed the five major international luxury groups - CHANEL, HERMES, Kering, LVMH and Richemont, has acquired more than 200 international brands as official merchants.
Its down 0.35% and people who predicted a 20% down eod are dancing in the streets. This is just too funny.
totally oversold gem with Lots of Cash and good prospects.Just Like $baba $bidu $tcehy $doyu $momo $viot
I don’t care where it goes this week, but in 5 years BABA will conservatively be a $500 stock.
I'm buying heavy here.
This is the lemon next to the pie.
Baba is about to surge hard.
Investing in Bitcoin should be on every individual's list. In 2_3years time, you will be so glad with the decision you made.
Some good news, Shanghai reported zero community covid cases for Saturday, two more days in a row like this and it's open up time. Next the IMF have released the results of their 5 yearly SDR review. USD and Yuan's allocations have gone up while the other three majors have gone. The PBOC have also said today that: "China remains firmly committed to reforms and will continue to promote high quality opening-up. In the next stage, the People's Bank of China, together with other financial supervisory and regulatory authorities, will persistently push forward the opening-up of the Chinese financial market, simplify the procedures for foreign investors to invest in the Chinese market, enlarge the universe of investable assets, improve data disclosure and business environment, extend the trading hours of the interbank foreign exchange market, continuously level up the convenience of investment, and build up a more friendly environment for foreign investors and international organizations"
China is cutting interest rates and stimulating the economy………time to buy china
Ray Dalio increased his shares in Alibaba from 4,268,395 to 7,480,545 shares, which is equivalent to a 75% increase in his holding. Bridgewater released their 13f form for the 1st qtr on 5-13-22.
KraneShares CSI China Internet ETF
BREAKING NEWS !!!
CHINESE STOCKS SURGE
Chinese tech bosses meet to discuss mitigating tight restrictions on Chinese tech
Shanghai reported no new Covid infections in the broader community for a third consecutive day, hitting a crucial milestone that authorities have said will allow them to start unwinding a punishing lockdown
Hangzhou, China's quasi-first-tier city, loosens the requirement for second-hand home purchases and allows families with three children to buy more homes.
$KWEB $BABA $JD $PDD $NTES $DOYU $BILI $IQ $TCEHY $IQ $NIO
I am afraid you will have to Deal with the fact that China is the biggest Economy and Market. That does Not mean that America is inferior btw, Just that there are opportunities and Special responsibilities for BOTH ! As Buffett Said : there will be more Chinese companies in the global top 10 or 20 by Market Cap in the next years , but a Lot of US too , so relax and buy ! Never miss a great opportunity, and for China Stocks this is now the time! Similiar to what Buffett Said in 2008/9 in Relation to US Stocks : Buy Chinese , I am! THAT is American! $bidu $tencent $huya $doyu $viot $momo $ysg $brk.b
BABA is on the way reaching to target share price $174. It is time to load up Alibaba shares
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