Baba back in the game, how much upwards can this goā¦$300 
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I personally never stopped buying. My average price is at $158, but I think I can get that lower. This is a several year hold for me with the target of $300 for selling.
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Well if ā ā ā ā hits the fan, this might be 10+ years wait to see something like 300$ BABAā¦
Not sure why people constantly overreact to few rallies when we whole market is in meltdown state. Surely risk asset like BABA will not go up, while rest of market keeps sinkingā¦
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The key word is capitulation. Capitulation has not sunk in yet, thats why ;D
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One to keep an eye on - U.S. and China reach landmark audit deal in boon for Chinese tech companies | Reuters
" The deal marks a partial thaw in U.S.-China relations amid tensions over Taiwan and will come as a relief for hundreds of Chinese companies, investors and U.S. exchanges, giving China the chance to retain access to the worldās deepest capital markets if it works in practice. read more
If not, some 200 Chinese companies could be banned from U.S. exchanges, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said. The agency has previously identified Alibaba Group , JD.Com Inc , and NIO INC among those at risk."
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Down 12% on Xetra - this stock is finished
Never-ending pain for this stockā¦ 
Playing the bounce.
Wonder is this really going 0$, because it seems so currentlyā¦
I am expecting soon āreassurance from CCP about regulatory & complianceā, usual suspects for Chinese stock rally.
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Businesses this big and prosperous canāt be shut down. There are other risks (like it being delisted) but itās never going to 0$. (not financial advise 
)
Below IPO price. 
More characters.
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I am genuinely curious what Munger will do.
Buying more would make sense but wtf do I know? Canāt believe we are trading at this PE
My only explanation would be: market pricing in Chinese economic implosion, which I have to say has to come at some point. Its going to be so painful. Just thinking about the global ripple effects makes me shudder.
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What are the forecast PE rates thoughā¦ people spend too much time looking at par figures expecting them to help predict the future. Not saying totally discount them but stillā¦
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Exactly my point, market thinks Chinese consumer demand will shrink considerably, big ouch ^^
It really doesnāt make any sense to me why China has choose the route of self destruct with their ridiculous covid policy and other policies for that matter.
Remember, Chinese consumers are relatively cash rich, I believe average savings rate is still in the 20-30% range. Remember what happens in the west post COVID? We spent and we didnt have as much pent up demand and cash as Chinese consumer does. Not saying because of this people should invest but the time to be short or bearish was $100-200 ago 
Risk reward from CURRENT price is in favour of the bulls I would say. I am still long so biased.
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True, but just one thing to noteā¦ a lot of AlibabaĀ“s revenues come from online selling platforms and cloud services, which in a āre-opening economyā wonĀ“t benefit as much as a traditional retailer such as a physical furniture shop or a restaurant.
Note: I do think Alibaba will do well, but just want to balance out your point.
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Thats fair enough, however they are still very diverse (have physical presence in their other businesses), and Chinese population behaves differently, prior to covid for many years digital payments and e commerce was miles ahead of UK/US and the west in general. Even like 7-8 years ago simple noodle vendor from their own mobile small stall on back of motorbike wuld take multiple phone/app payments and almost anything you want can be ordered through taobao or similar.
Covid forced the UK to embrace online more, for China it was already there so I am more talking about just consumer being cash rich and having freedom again as the lockdown opening is less about ecom more just general consumer freedom to spend and have fun.
How is everybody doing?
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Feeling as strong as a bear!
So reports that the HQ is moving to Singapore. And apparently the stock has dropped because of this?
I donāt get it, surely moving to Singapore which is one of the financial centers and its good for tax is a positive thing?
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