2 Answers
Hi Ng
Nope. Baba is for capital gain play.
Will this stock covered in alpha growth course?
Hi Ling Hong
We are still holding onto Alibaba and it is a long-term investment for us. It hasn't performed well, largely due to the recent price war. This is a temporary issue and if you believe that AI is the future, Alibaba is in a good position to capture the Chinese market (and possibly the world), given that they are doing the full stack integration on AI. Again, it is considerably a higher risk stock with competition coming at them at all the times across the business segments, so you must be comfortable with it if you intend to own Alibaba.
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