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We are in this now since late 2023 and I still hold it all

It was trading at nearly their cash balance when we entered and still trading at a PE under 20... so still cheap but Chinese Stocks are not trusted by most, but alpha is alpha to me as long as it does not harm anyone.

Alibaba’s AI-Driven Surge

Alibaba’s shares have surged 49% in Hong Kong this month (the largest gain in the Hang Seng Tech Index) and 31% in New York.

Its gains rival U.S. AI leaders, including Nvidia.

Investment & Strategy

Alibaba plans to spend over 380 billion yuan ($53 billion) on artificial intelligence. They recently inked a deal with Nvidia, strengthening its cloud and AI ambitions.

Investors are beginning to see Alibaba as more than just an e-commerce company — increasingly as a major AI and cloud computing player. Analysts now see Alibaba as China’s closest equivalent to U.S. hyperscalers (like Microsoft, Amazon, Google).

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Comments

Mark

I got in years ago and rode the big wave up... Then jack ma dissed the CCP and disappeared for a long while and the stock crashed... Almost back to Breakeven now 😅

OG2014

Sol Perp anybody?

FortRocket

Is it worth investing into Robin Hood at current levels.? What would be a good level to make a buy?

David SoCal

Hard pass on any Chinese stocks. Did you watch their recent military parade?

FamousLeva

Same, I finally sold today. It was enough of a ride in red most of the time. So, happy to be out with almost 10% profit

AliveandKicking

I think we need Binance to go after the shorts... cause the longs have been anahilated!

Boring

I’ll skip this 1️⃣

Pu7p13Ra1N

Comments are a joke… most of your consumable items are made in China. Trade is global dummies. Western countries use propaganda for countries like Russia and China so you back their motions to do what they want in the world. Have you ever been to China or Russia?? If you had, and spent time with the people you’d think differently and possibly see US and other western countries as the ones in the wrong.

Pascal Costa

Was def. a good entry and undervalued at the time. But BABA is barely growing, revenue and earnings both flat or slowly creeping up over the last couple of years. Not sure how this compares to Nvidia.

RyHo

Whole world does this now where have you been? Enter social media and billionaires directing narratives on the media companies they own. Been happening since 1920s when Wall Street Journal directed trades.

RyHo

Oversold. Pull profits and rebuy @140ish.

RyHo

Thats propaganda to move the markets in the direction they want. USA did the same thing 3 months ago to get people to dump stock shares. All countries do this. Welcome to the 21st century of the media and "news hype" controlling where the money flows for stocks. Only real way through this is to find solid companies with solid financials and seeing upcoming markets before everyone pours money into them so you can go in heavy and sell to them when its overbought. China and Russia (and now UAE) are USA's biggest friends. Welcome to total world control dominated by a ruling class. Russia and China developed nukes on their own!? Doubt it. We gave them the technology. Step back and start thinking like a billionaire dbag who controls the world and ypu will see how it all works.