Stock repurchase up size to 25billions from 15billions.
$Alibaba (BABA.US)$ Spent 9. 2billions on repurchased. Left another 15.8billions to spend. 😎👍👍 Hello shorties.. 😆😆
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Ben 23 : No one knows whether they will spent the remaining on stock purchase. If its business is consistently under pressure from macro factors and geopolitical tensions, no amount of stock purchase will lift its price.
BC_76 : fire
starts to burn again ... will shorts survive this round? 
70193421 Ben 23 : You are wrong. Under the pressure of the government and raising tax rates, BABA and all other large Chinese companies will secretly hide their profits, which can save a lot of tax money. BABA can make tens of billions of dollars in profits every year. They are not short of money.