BABA's Current Narrative
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...