170 170 correctly predicted forecasts
Send me real-time posts from this site at my email
Chris Lau

The One Reason Alibaba is Great

Taking equity position in Ant Financial was a great move for Alibaba $BABA.

$BABA, ALIBABA GROUP HOLDING-SP ADR / 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 - SPON ADR / H1

WB:

$WB, WEIBO CORP-SPON ADR / H1

TCHEY:

$TCEHY, TENCENT HOLDINGS LTD-UNS ADR / H1

  • 122 122 correctly predicted forecasts
    Long/Short Investments
    Weibo ("Chinese Twitter") has followed a pretty similar price trajectory as TWTR itself over the past year (more than doubled). Market value a bit higher than TWTR as well.
    Reply
    2
Cancel