Stay clear of Alibaba
People love catching a falling knife. Not predicting where BABA is gonna go, but you should understand a few things before investing in it. 1. There is no limit on government power in China. If they don’t like your game/app etc, boom it’s delisted. They can seize your asset, make you disappear... anything goes. Nothing you can do about it. Also, if you own BABA, you are not buying ownership in Alibaba. Look it up. Not saying it would happen, but if government takes over it, you have no recourse. None. 2. CCP announcing investigations is almost as good as conviction. Look up Chinese court conviction rates. CCP controls gov, judiciary, regulators etc literally everything. It’s not like US, where some institution investigates, argues in front of another neutral institution, and getting a verdict. If CCP announce anything, you can take it to bank, that’s how it is gonna go down. People invest in Chinese stonks with US assumptions like property rights. Big mistake. Government’s absolute power can help you if your stonk choice is also a CCP favour, eg certain Chinese ev companies. Play safe peeps.
I'd avoid any Chinese stock. Risk reward ratio isn't good imo. China is a heavily controlled and manipulated country. Invest in companies that actually operate under democracy.
It doesn’t even have to be democracy. Basic property rights, so that people can’t just take your shit, judiciary that can say no to government is good enough IMO.
I don’t disagree with you, but I think China may make you see property right in different way in 15 years. Property right keeping resources in wrong hands (1%) is bad for everyone, including the 1%. It would be even worse if the 1% are foreigners (I’m talking to you, former colonies)
The best time to buy is when there is blood on the streets.
En route to 0 baby
are you chinese?
Yes
Write something in Chinese
Time to buy PDD. Actually it is already a bit late.
It could actually benefit if BABA crashes and burns. It’s already chipping away a lot from Tmall etc
Its growth is much faster than baba and GMV is higher than Taobao. The sad thing is that their stonk already grown a lot.
Let Alibaba go down, and from the ashes, Amazon will rise.
Do they compete in any market?
They compete for the "A" in FAANG.
Thank you. All in BABA now
I’d be impressed if you’re actually all in
Yelp are you Chinese?
🙁👀
I generally don't touch Chinese stocks for the reasons you mentioned and also because accounting fraud is rife, but I threw 4k on calls 3 months out.
Same here, YOLO on Feb opex.
$220
Call me BABA
CCP needs Alibaba as much as Alibaba needs the CCP
True.
For sure. they’re not gonna throw it into toilet. But, they can break it up, take over chunks etc. Lots of options that preserves what gov wants but not necessarily good for investors.