$BABA is looking to break out

$Alibaba(BABA)$ $BABA-W(09988)$ is looking to break out. Even $JD.com(JD)$ $JD-SW(09618)$ $NetEase(NTES)$ $NTES-S(09999)$ $Trip.com Group Limited(TCOM)$ and many more looking strong.

This has little to do with Trump's TikTok turnaround and more to do with an improving economy.

Real estate underpins consumption. And real estate has been recovering in most major cities, with green shoots appearing in lower-tier cities.

China continues to maintain a very accommodative policy language. This is likely to lead to concrete measures to boost consumption beyond car and home appliance subsidies.

But don't expect another wild rip like we saw in September 2024.

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Comments

SPOT_ON
01-23 13:27
SPOT_ON
certainly hope so

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Even <a data-mention-id=\"JD\" class=\"teditor-mention\" data-mention-name=\"JD.com\" href=\"https://ttm.financial/S/JD\">$JD.com(JD)$</a> <a data-mention-id=\"09618\" class=\"teditor-mention\" data-mention-name=\"JD-SW\" href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$</a> <a data-mention-id=\"NTES\" class=\"teditor-mention\" data-mention-name=\"NetEase\" href=\"https://ttm.financial/S/NTES\">$NetEase(NTES)$</a> <a data-mention-id=\"09999\" class=\"teditor-mention\" data-mention-name=\"NTES-S\" href=\"https://ttm.financial/S/09999\">$NTES-S(09999)$</a> <a data-mention-id=\"TCOM\" class=\"teditor-mention\" data-mention-name=\"Trip.com Group Limited\" href=\"https://ttm.financial/S/TCOM\">$Trip.com Group Limited(TCOM)$</a> and many more looking strong.This has little to do with Trump's TikTok turnaround and more to do with an improving economy.Real estate underpins consumption. 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