Alibaba is no longer worth more
$BABA-SW(09988.HK$ Senior bosses have already cashed out and left the market one after another. They have been beaten to death by politics on the outside, and murdered by the government on the inside. The purpose of cracking down on post stations is to break the cheapness of e-commerce and stimulate the revitalization of the real economy! Taobao is Ali's last line of defense that can make money, and from the 300 drop to the end, it was just a dream of a rich spring
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
YuriKatz : worth or not look at data not rumour and feeling
151476366 OP YuriKatz : Daisen, what fairy stats do you have?
SFRE Keith : Indeed, Alibaba is badly affected by US China's geopolitical tension and the slowdown of the China Marco economy environment.
However, the price now is nearly the intrinsic value of the company. Additionally, the recent management reshuffle and corporate restructuring also show that Alibaba is determined to look for new growth.
1 . Co-founder, Jack Ma and Joe Tsai reportedly buy back the shares.
2. Super investors, Micheal Burry and Duan YongPing, also reportedly building position into Alibaba.
3. Sovereign fund, Canada Pension Fund also reportedly building position into Alibaba.
Additionally, Alibaba share buy backs program is worth taking note as well.