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Alibaba Group Holding Limited (BABA)
NYSE - NYSE Delayed Price. Currency in USD
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145,875 reactions on $BABA conversation
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Markets always move 3 to 6 months ahead of the actuals. Its almost over if not already over :))))))
Fri, October 22, 2021 - China Hints Its Crackdown on Tech Giants Is Coming to an End
(Bloomberg) -- China’s top financial regulator said he expects to achieve significant progress in the ongoing crackdown on fintech firms before the year-end, reinforcing speculation that Beijing’s campaign to rein in its tech giants may be receding. Authorities had identified more than a thousand issues relating to the fintech operations of 14 internet platforms, China Banking and Insurance Regulatory Commission Chairman Guo Shuqing told state broadcaster CCTV on Wednesday. The companies have responded positively to the feedback and about half of the proposed rectifications have already been implemented, he said, adding that he expects “even more significant progress” before the end of the year.
“The regulatory crackdown is coming to an end, probably over the next few months, and the valuations of Chinese stocks are very inexpensive and attractive, especially for tech stocks,” Tom Masi, a portfolio manager at GW&K Investment Management, said earlier this week.
made one of my biggest mistakes [i guess we all make some] bought for 201 and sold for 177 usually i dont panic and hold but all chinese stocks were falling good for you guys who stuck it out
too focus on intl these days, forgot to check on baba family, it's going back to 220s as it appears, may push back around the major dma a little bit, but as several major positive events are close, the path forward is brighter than I expected a month ago, kudos to people loaded up at 140s,
If DWAC can do what it did this week during the season of exuberance, what happens to BABA's stock, when the Alipay IPO announcement happens? 🤔 I got to believe we open up at least 30 to 40 points on the upside.
Per South China Morning Post, regulators gave green light to the highly anticipated ANT’s initial public offering (IPO). All requirements are met.
The date will be announced soon.
Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba and that it will be a good company that lasts for 102 years.If you want investment ideas from real knowledgeable traders, check them out at the
The presales for Baba's Double 11 shopping festival, China's biggest annual online shopping spree that officially falls on Nov 11 each year, kicked off the event at 8 pm last night, eyeing robust growth in sales. It is expected to be the biggest to date, with a record 290,000 brands participating and more than 14 million discount deals, Baba released the news to the media that Baba first started the sales event to mark a day known as the Singles' Day among Chinese youngsters. In 2020, Baba's Tmall reported sales of ¥498.2 Bil ($77.91 Bil) from Nov 1 to 11, 26% higher than the prior year and the highest growth rate over the past 3 years.
Has anyone noticed, SEA Ltd is also a VIE and no one’s complaining. Just another excuse to sell down BABA to the generational low of 139 Previously. VIE is clearly not the issue here, it comes down to Anti-China sentiment. Better for us
It is safe to invest in China again according to Bloomberg. Non-stop to $300.
The movements up earlier this year were intense but short-lived, this time it's a slower, more gradual build-up. Maybe this creates a stronger base to break resistances.
All in with BABA with 1500 shares. Good luck to all longs!
The shakeout probably changed the shareholder base of this company towards long term holders vs the Cathies of the world
BABA is in a great position as far as the supply chain mess. Everything is basically manufactured in china where their customers are.....no shipping necessary.
Bottom was $69.74. Go read my posts. I said between $69-$70 and nailed it. I read posts about $BABA too and it’s bottom is in right now at $177. I’m not invested in it but it’s an easier one to see.
joseph, since youre no Steve Jobs, id suggest you complete college first before giving us a lecture. markets price forward earnings, not past earnings. and BABA's forecasts are gonna be goooooooooooood
I put 25% of my portfolio into baba averaging down after I first came into this company at 220. Never even considered selling because fundamentals run supreme in the world of investing. There’s a reason people like Buffett and munger succeed much more than they fail and that is because statistically fundamentally strong companies almost always come out worth more if you didn’t severely overpay
If you are short, you are toasted 🔥 for sure.
Baba has been Bought Up by Munger/Buffet.
They know a Cash Cow when they see it.
This might even surpass last years high!
Baba have a chance to do a double in no time Flat!
Close the gap baby and lets move onto the 100 day MA shall we?
The longer the slide, the better. We open higher the next market day to make new highs / it gaps up without leaving a trace of gap ups along the way
Up 30% since October 4th.
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