Taking equity position in Ant Financial was a great move for Alibaba $BABA. $BABA, Alibaba Group Holding Limited / H1 At $100B valuation, BABA’s valuation should increase by $13.3B, or about $5 per share.Further, Ant Financial can become China’s JP Morgan when Xi privatize China’s financial market eventually. It is a question of when, not if.Related: Tencent $TCHEY, Baidu $BIDU, Weibo $WB are all strong China-based firms.$BIDU: $BIDU, Baidu, Inc. / H1 WB: $WB, Weibo Corporation / H1 TCHEY: $TCEHY, TENCENT HLDGS UNSP/ADR / H1