Ng asked 12 months ago
Would alibaba consider a dividend stock? Capital growth seems dere too
2 Answers
Rusmin Ang Staff answered 12 months ago
Hi Ng Nope. Baba is for capital gain play.
Ng replied 11 months ago

Will this stock covered in alpha growth course?

Rusmin Ang Staff answered 2 months ago
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.