$LUFAX (06623.HK)$ Many people are experiencing losses 💸, I bought but didn't sell, invest wisely, avoid borrowing or leveraging, stay away from stock trading, it will rise someday...

$Alibaba (BABA.US)$ Why is 108,110 a bottom? Because it corresponds to a market cap of 300 billion yuan, and Alibaba still has nearly 100 billion US dollars in cash ➕ cash equivalents. After deducting these, there is a market cap of 200 billion yuan left. Is it possible that the world's largest e-commerce platform plus the world's number one cloud infrastructure (iaas) are not worth this 200 billion market cap? Understanding the stock price is supported by real companies that can hold onto their stocks. Only focusing on the price without considering the company behind it is unsustainable! Perhaps saying all this is just to comfort oneself to continue holding. Regardless, I only feel that the sharp drop this year is due to the ugliness of Wall Street, and China's internet-related policies are just being cleverly manipulated by them!