WendyOneP
04-21

$Alibaba(BABA)$

Sure, Taobao is leading downloads, but that doesn’t fully shield Alibaba. The trade war brings broader economic uncertainty, which can impact consumer sentiment and slow spending. On top of that, Alibaba still faces regulatory pressure and geopolitical tensions that limit its global expansion.

Cloud growth could slow, and investor confidence could wobble under ongoing US-China friction. Download rankings don’t guarantee profits.

Until macro risks ease, I’m cautious about Alibaba’s upside.

HK Stocks Rebound: Can Alibaba Climb Higher?
Alibaba jumped 6% this week, as Taobao topped the App download charts in 16 countries. Alibaba's valuation remains at a long-term low, with a forward P/E ratio of just 10.32. In light of the trade war, do you have more confidence in the outlook for Chinese companies? Would you choose Alibaba on the U.S. market or in Hong Kong? Can Alibaba return to $130 amid this rebound?
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