$Alibaba(BABA)$ can keep small position for long term. just need to wait hsi index break this range 23000-24000. Then we should able to see 150-160 above
$Alibaba(BABA)$ Maybe you dont know. All the news and economic data was past tense. Baba and china companies is showing great result despite the bad economic datas. Rmmber datas is always lagging information. When you finally realize this, stock price is already high.