Don’t forget to mention the year 
I think October 2023
Very important! 
Noise is this could be a good year for Alibaba.
I see geopolitics as the major uncertainty and wouldn’t go in too hard…but at around the $70-74 dollar range I might just buy a small position.
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Im invested in this. Ive taken a sizeable punt on a few China stocks. The daily fear encourages me to buy more. Some of these China stocks are just at silly low valuation levels now that I cant ignore them.
For the more risk averse have a look at KWEB china etf.
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Buy side analysts talking up their AI involvement to spur growth Alibaba leads funding round for Chinese startup as AI race heats up | Seeking Alpha
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Wanted to revive this and ask what are your thoughts on BABA after the announcement of the Chinese central bank.
A few of other Chinese stocks are ~3-4% higher than BABA today (JD & PDD). The big question is: do you think this will this mark the bottom of BABAs downtrend? I’ve been surprised for a while that BABAs has gone so much down given they print money on their cloud services, but maybe it was highly overpriced before.
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BABA is Back!
So back!