$BABA-W(09988)$ Chinese stocks

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$BABA-W(09988)$ Chinese stocks are so oversold right now that even a small piece of good news could send them up 20%. I know it might not mean much for those who bought in the mid-100s, but it looks like a decent chance to double down and lower the cost basis. This seems like a solid opportunity. I'm particularly interested in PDD and JD, both trading at under 8 times P/E.

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