From past few days $Alibaba (BABA.US)$ is flooded with nothi...

China bottom finally here? Or will it get lower?

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Kuries joined discussion · Dec 21, 2022 00:10

From past few days $Alibaba (BABA.US)$ is flooded with nothing but positive news. China opening up, positive audit, Chinese investors allowed to invest in BABA for the first time, China extending stimulus throughout 2023 etc.,

Only positive news pending is Ant IPO $Ant Group Ecosystem (LIST1287.HK)$ , Which might happen soon. Even with all these positives stock is not moving much. Am i missing something?

$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $BABA-W (09988.HK)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (LIST2517.US)$

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Louisa : What you are analyzing makes sense and is currently correct

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Kuries

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