Yeah it def will be, baba makes up a huge portion of both.
Even more so on FCSS I believe.
I think FCSS about 10% and BGCG about 12% (on HL that BGCG stat)
It is a sad day, I was really hoping for 200$ touch before back to business.
Oh well, 20% weightings. Now will have to rebalance aka not purchase baba for quiet a whileā¦
Seems he also made a kung fu movie. The more I hear about this manā¦
Same. I went balls deep in Chinese stocks during that dip. Babaās quickly becoming my biggest holding. With Meituan, Tencent, Nio, PDD, NetEase etc also doing so well lately, I have as much exposure to China (40%ish) as I do to the US. Hereās hoping US markets take a nice nosedive soon so I can rinse and repeat.
Haha, you got some at like $213 though no? Still solid gains there 
True story, no matter what amount you put. When it launches like this you have regret, but anyway letās see, maybe CCP surprises us we extra easter gifts.
Also $270 is a gift compared to $350. 
By silencing the media in China I think the CCP acknowledge the damage they have caused and are actively trying to correct it.
Finally some good news on this stock, maybe the ant ipo talks might start back up again soon
Saw a tweet this morning someone posted back in November/Decemberā¦ was along the lines that they believed Chinese Govt had engineered the whole ANT / Baba situation so that Chinese funds could buy shares at a lower price - sounds crazy but honestly wouldnāt rule it out, hilarious if there is any truth to it
Seen as the company could sell additional shares at any point and choose theyāre own price point against the investment they receive Iām not sure this would be worth it?
This is likely to have some truth in it, even if they didnāt do it due to this, the end result is the same as Chinese funds and big investors would have ploughed money into the stock recently. This shows in my opinion the bull case for Alibaba and Chinese stocks, the west sees these events as bearish, but actually the Chinese investors want in because they know its bullish longterm.
Certainly China didnāt want the unregulated ANT being bought by many foreigners and creating risk in Chinese financial markets compared to heavily regulated banks. Will be interesting how ANT plays out, but BABA bullish long term for sure.
Seen as the company could sell additional shares at any point and choose theyāre own price point against the investment they receive Iām not sure this would be worth it?
@Lenos1980 Sorry i donāt understand, you mean why would the govt or industry investors in China buy into BABA at risk of BABA creating more shares? Firstly if they own more then they may have more say so can stop that.
BUT more importantly BABA generates LOADS of cash and doesnāt need to raise money through issuing stock, also is doing stock buybacks too.
@Hbomb If the CCP and large Chinese investment groups wanted to buy in they wouldnāt care about the current buy price. This deal would be done behind the scenes and any difference in share price would be for something in return.
They definitely would not do this deal out in the open.
The easiest way would be issue new shares to these investors rather than devaluing the company and causing all of this wasted share price development.
I appreciate there would be some depreciation based on the amount of watering down that takes place.
It could be possible that this was to remove foreign investors and allow China to buy back the shares (regardless of price) but seems like a long winded way of doing it. If alibaba is doing stock buybacks surely this would be the safest and least disruptive way to buy back foreign shares?
Well they cant create shares in a vacuum as they would need to record and file this. If you are saying you think they create āsecretā shares out of thin air I donāt believe that, how would that even workā¦ and that would make the whole Chinese stock market worthless and crash. Thats such a big risk rather than just delaying an IPO and a founder not being seen for āa bitā which cause US and others to panic sell. Just my opinion who knows what has/will happen.
If I have mistaken your point let me know, but it just sounds like you were pitching a conspiracy theory, when the truth is usually more simple and actually more frightening (that markets can be controlled by a few news snippets and fear of āforeignersā).
Always the way but wish I had bought in more at my average cost of around 226.
Youāre still buying at 266?
I feel ya mate, that happened when I analysed Taylor Wimpey for ages and got in at 112p average haha, but only small amount, hindsight is a wonderful thing and from $226 you can be happy you have made a great profit already.
In terms of buying more now, If I didnāt own any, I would still consider this current price cheap. But right now like @Vedran I am heavy on BABA in my portfolio both as individual stock, and also a lesser amount in china ETF. Equally I wont be selling thats for sure, but wont be adding right now. If it went down lower than $230/220ā¦ then who knows haha!
My point is they can organise a sale of part of the company or shares without using the open market to do it. Aston Martin recently signed a deal with Mercedes to give 20% company ownership for access to mercedes drivetrains/technology in return.
Iām not saying they will secretly do it but it will be done by the time we find out about it. No conspiracy theory needed
Now you mention yeah I have BABA individual stock, as well as shares in SMT and a tiny bit of VFEM.
Thanks for your opinion, sounds like a good strategy.
Something to keep an eye on.
I saw this but it doesnāt seem that any news is currently being reflected in the market price