my Mom's wisdom

$Alibaba (BABA.US)$ My 67 years old Mom living in Guangzhou, China plans to buy some Baba H.K.09988 shares when it is included in the Stock Connect tomorrow. Her logic is very simple. The Chinese Government 30 Year Bond 特别国债 pays 2.5% interest and so many Chinese people are chasing after it like crazy. Baba pays ~2% dividend and has capital appreciation potential -- so it's quite attractive in comparison. Previously my Mom cannot buy HK.09988 easily -- she would need to open a brokerage account in Hong Kong, and would need to buy the shares in Hong Kong dollars -- but Chinese Government has foreign currency exchange restrictions 外汇管制 and one cannot simply exchange RMB into HKD at will. Also, even though Baba was the HSI component for a while, it was not under Stock Connect (because it had no primary listing in Hong Kong). Now that Baba has everything sorted out, my Mom can buy the shares using RMB in China directly. No more issues of 外汇管制 and the Baba valuation looks quite attractive. My Mom bought 贵州茅台 at ¥150/share in 2014 when the 八项规定 started -- 10 years on and 茅台 is now ¥1400/share. I can definitely learn from her wisdom.