Another comment I posted here last year

It is always surprised me here in Singapore with many bright stock gurus whose I highly respected and followed them regularly but when it comes to Chinese stocks especially $Alibaba(BABA.US)$ they became extremely optimistic. Their main reason always is because Alibaba has very strong and profitable business and the current regulatory crackdown will only make Alibaba stronger. However in reality since last year when the Ant IPO being cancelled, Alibaba had became uninvestable and in my opinion, the biggest value trap for investors. This became even more so when the Chinese government launched 'common prosperity'. In short, the stock price very much depends on the future prospect and Alibaba in my opinion clearly don't have it (out of favour with the authority, looks at Didi delisting and whole of Chinese education sector). Furthermore historically US market had brought much greater returns than Chinese market. No reason for me to invest in Alibaba. Not because of CCP, but because it will save me a fortune.