Chinese internet technology st

Chinese internet technology stocks like Alibaba are beginning to show signs of revaluation after a prolonged period of valuation stagnation.
In the financial report that Alibaba is set to release on February 20, the scale of investment in AI and cloud computing Capex will become the focus of market attention, which means how Alibaba's management plans to use funds may influence the direction of Chinese tech stocks.
It is hard to predict how much higer can Alibaba go, taking profits early might cause you to miss out on the gains. Personally I am invested in Alibaba. I do believe the narrative that China is uninvestable will change in due course.

AI + Policy Stimulus: Will Alibaba Head For $170?

Alibaba surged 4.59% and reached $147, a 52-week-high. Alibaba was gaining ground on Monday after the Chinese government said yesterday that it would implement a plan to boost consumer spending in the country. Will Alibaba fill last gap in November, 2021 and aim for $170? Will you chase the high?

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