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$Tencent (TCEHY.US)$ all big china tech companies have up for 25% on average ytd, even $JD.com (JD.US)$ the ecommerce company up 7%. $Alibaba (BABA.US)$ even down 0.5%. why? because everyone in china knows alibaba is going to die, young generations don’t use taobao at all, they prefer pdd or buy from redbook, douyin instead. No one really open alipay, they just use Wechat pay only
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