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$Alibaba (BABA.US)$ good buy opportunities around $110
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China concept stocks suffered a bloodbath last year, and even giants like $Alibaba (BABA.US)$ $PDD Holdings (PDD.US)$ were not spared. Pinduoduo’s share price fell from a peak of $212.6 to 39.99 (as of the close on March 22, 2022), a drop of 81%. Ali's stock price plummeted from $319.32 to $103.59 (close on March 22), a drop of 68%, and the market value evaporated more than $550 billion, equivalent to more than 3 trillion yuan. Chinese concept stocks suffered a cold w...
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