$Alibaba (BABA.US)$ Why is 108,110 the bottom? Because it just corresponds to a market capitalization of 300 billion dollars, and Ali still has almost 100 billion US dollars in cash ➕ cash equivalent. After deducting these, there is still a market value of 200 billion yuan. Isn't the world's largest e-commerce plus the world's number one cloud infrastructure (IAAS) not worth this 200 billion yuan market value? Understandably, behind the stock price, what supports it is a real company that can hold onto its stock. And if you just look at his price and don't look at the company behind the price, you can't hold it! Maybe saying this is just a comfort to keep holding it! No matter what, I just think that the reason behind this year's sharp decline is Wall Street's ugliness; China's Internet policy adjustments have only been put to good use by them!