r/baba
China Tech? Yea or Nay?
BABA bagholder frustrated by relentless downtrend despite solid fundamentals, concluding China tech is uninvestible due to macro trends.
- Solid and legitimate business operations with widely used and well-liked products like Taobao, Alipay, and Qwen.
- Strong potential in AI and cloud computing segments like Alibaba Cloud.
- Unfavorable macro trends and capital flows, with US tech surging while China tech relentlessly drops.
- Market confinement to China limits global growth potential, making the sector uninvestible.
- Geopolitical tensions trigger continuous sell-offs and capital flight from Chinese equities.
have been thinking through quite a fair bit lately in the past months.
have previously held Kuaishou, Xiaomi, and Bilibili on the HKEX, and it's one way straight down since the start of the year.
I thought that BABA would be a good/better tech. option and hence I shifted the $ to BABA after cutting loss on Kuaishou, Xiaomi, and Bilibili on the HKEX. QWEN, Alibaba Cloud, Taobao and all looks pretty solid to me tbh. Legit business operations.
Entered at the $140s (we have a nice long green candle there right lol), it went up to the $180s, and I thought that all is good, pretty legit. And boom, it's 1 straight way down all the way, relentlessly while the US tech. stocks went up all the way after the Iran/Israel/US jitters.
HSTECH is like...freaking all the way down....whereas NASDAQ is on a steroids run after the Iran jitters.
This got me really thinking hard....the Chinese tech. is pretty decent, and I've personally used Qwen, Taobao, and Alipay in China, and I do quite like it tbh. But, I just really have the notion that perhaps, China tech. is really not investible if that's the word. Given that since the China tech. are mostly used only in ...well China... and I mean, don't fight the trend right....
TLDR: BABA bag holder. getting sick and tired.
Tank Seng 2: Far From Stimulus
Directed by Zhang Yimou
Revenge of the deflation.
Tank Seng... for real lol. fml.
1 billion chinese people have to start buying their chinese stocks rather than properties
I only view it as a dead cat bounce trade at this point. Accumulating right now at $120s to dump around $135-145 range.
It has some support at $119-120
lol. hard to say...would it be a triple bottom at the $120s....hard to say lol.. or even worse... would it gap fill the freaking $109 lol.
it's really quite meh for a tech. coy to have both Cloud Services & LLM to be tanking like no tomorrow. really lost for words lol.
I want more Tencent, a lot more
Knives 🔪… making AI chips 🍟, LLM QWEN, cloud services …. And …freaking straight down all the way lol. Damn. It’s a joke. A really bad one.
One word. Politics 🎤 drop
Jd. All the way.