Nie Zhenbang, an analyst at Valuable Capital Limited, analyzed the probability of Ali $BABA-W (09988.HK)$ being reduced.
He believed that if it did not rise above 130 yuan, the incentive for major shareholders to reduce their holdings was small. The current valuation is low, and it is estimated that there is still room for improvement. The institution tends to favor the prospects of Ali. If there is no stock, it can be deploye...