Steven Chung
02-18

With Xi finally shakes hand with Jack Ma, China gov has signal clearly that private sector is and will be given support to innovate and drive the AI industry into the next phase that is mass adoption, efficiency boost and most of all revolutionize the entire human response and approach to education, finance, industry 5.0 and many others. Alibaba will be in the front with hundreds of open source LLMs deployed and the inputs to these models will provide invaluable feedback to its e-commerce and user experience. Not to mention the monetization of Ant Finance and many other BUs. Rerating is a sure thing.

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?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
1
1