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$TENCENT (00700.HK)$ $XIWANG STEEL (01266.HK)$ Hong Kong shares although the market is not so, but the stock is still relatively strong. I own a lot of stocks, and that's basically telling, because I've got about half of my stocks up and half of my stocks down, but my overall market value is still up.

El Salvador intends to issue the world's first sovereign Bitcoin bonds and build a Bitcoin city at the base of a volcano, with the cryptocurrency used to fund the project, its president has announced. $Bitcoin (BTC.CC)$
The city will be circular to represent the shape of a large coin and will be built in the south-eastern region of La Unión, President Nayib Bukele said.
The site would take advantage of the Conchagua volcano's geothermal energy to power Bitcoin mining, and no income taxes would be levied in the city, only value added tax (VAT), he added.
It means 0% capital gains tax, 0% payroll tax, 0% income tax, 0% property tax, 0% municipal tax etc
Does it sound good enough for you? Or does the crime problem hold you back from moving there?
Source:
El Salvador Bitcoin city planned at base of Conchagua volcano

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We need to put things into prospective here, $Alibaba (BABA.US)$ is not a meme stock, hence, its not suitable for traders who want to hit and run with HUGE gains in few days (if your into $Tesla (TSLA.US)$, $GameStop (GME.US)$, $AMC Entertainment (AMC.US)$, and Crypto, AliBaba is definitely not for you !). AliBaba, is a "value investment" company, more suitable for the likes for Charle Munger and those who are happy to sleep on an investment for years and years without emotional regards to "Mr Market" and his minions drama.
Companies big and small all go through cycles, good and bad (competition, bad economy, supply chain bottlenecks ,etc), which shouldn't surprise (or scare) anyone as long as the business core fundamentals have not change. The company did report growth in revenues, but, missed "Mr Market" and his minions "consensus" and expectation of Tesla style growth, BIG DEAL ! ... the price dropped, but not much the company's "intrinsic value" in my humble opinion (of course it depends on what growth assumptions you have baked in your valuation).
Now you could allow Mr Market to get into you (he could be very persuasive sometimes), or you could be patient and stick to your investment thesis, redo your Intrinsic Value calculation using Baba's new guidance and see where the value stand Vs your position price.
Now with regards to this "regulatory risk", all companies around world (with no exception) are exposed to regulatory risk in one form or another (even Charities are regulated!), however, strong companies like Baba should ultimately be able to cope and live with these new regulations (and If you think the Chinese Gov simply wants to crush Baba, oh believe me, they would have done so yesterday). Then, the question is , do you trust the management of Baba to be able to turnaround things and move forward with company or not ? If you had read the history of AliBaba and Jack Ma, you should know the answer for that by now.

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$Palantir (PLTR.US)$ PLTR Playbook:
#1. 22/23
#2. 26/27
#3. Goback to #1 Then #2

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