$Alibaba(BABA)$ suggestion is

suggestion is to be patient, there will be a time market will bull again, only we don't know when. 😅

“Our China evaluation framework finally shows the majority of factors improving concurrently with the latest acceleration of Covid relaxation, property market stabilisation, regulatory reset wrapping up, as well as early signs of US-China bilateral communications accelerating,” the report by Morgan Stanley said.

Why Tencent Is a Better Buy Than Alibaba by Motley Fool :

🏆Tencent has more diverse Business than Baba

🏆Tencent management seems to have better relationships with regulators

🏆Tencent's investment portfolio and international assets are more impressive.

last time i like Baba only, now i will consider tencent too, added in my watch list.

More relax covid restrictions means more chance for stock price to go up, however remain cautious the selling pressure if interest rate keep going up.

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

finde
2022-12-10
finde
like
Derrick3388
2022-12-09
Derrick3388
👏
Shirleyopy
2022-12-09
Shirleyopy
Baba
CTG1956
2022-12-09
CTG1956
ok
Stephanie712
2022-12-09
Stephanie712
Ok
YTigger
2022-12-09
YTigger
k

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