Does Alibaba have a chance to become the next selling target?
Nie Zhenbang, an analyst at Valuable Capital Limited, analyzed the probability of Ali$BABA-W (09988.HK)$being reduced. He believedthat if it did not rise above 130 yuan, the incentive for major shareholders to reduce their holdings was small.The current valuation is low, and it is estimated that there is still room for improvement. The institution tends to favor the prospects of Ali. If there is no stock, it can be deployed and absorbed at the current price or below 110 yuan.
102732542 : i see potential BABA going below 80 and retest 70 level
whqqq 102732542 : What is the reason? Aren't they up today?