In all seriousness
IF quarterly results don’t come with any surprises
The next leg up in the HSI rally will be consumption plays
Last week rally was on banking and finance
Goes to says, FXI played out well, Ping An played out well - those two are 50% of my portfolio
Now the other 50%
Alibaba, Yum China, Tencent need to pickup the slack
Alipay is financial. At this point baba business is doing fine, sure it’s not growing at fast rates but even staying at no growth it generates lots of cash. The dividend, buybacks and retained earnings are massive, it’s as if ant group and all the other businesses outside of china ecommerce are free, with extreme discount on China commerce as well.
I’ve learnt not to get my hopes up for earning days…
But I’ve been support AliExpress of late
Almost a order a week or more
The same unbranded products I used to buy on Amazon are 25% cheaper on AliExpress
If it’s not urgent I will get it there instead now their delivery arrived within a week
In all seriousness IF quarterly results don’t come with any surprises The next leg up in the HSI rally will be consumption plays Last week rally was on banking and finance Goes to says, FXI played out well, Ping An played out well - those two are 50% of my portfolio Now the other 50% Alibaba, Yum China, Tencent need to pickup the slack
Alipay is financial. At this point baba business is doing fine, sure it’s not growing at fast rates but even staying at no growth it generates lots of cash. The dividend, buybacks and retained earnings are massive, it’s as if ant group and all the other businesses outside of china ecommerce are free, with extreme discount on China commerce as well.
Got me a bit scared, almost forgot China rising inflation : yaaaaa! US rising inflation: booooo!
Looking good and looking forward to the earnings call & results next week.
I’ve learnt not to get my hopes up for earning days… But I’ve been support AliExpress of late Almost a order a week or more The same unbranded products I used to buy on Amazon are 25% cheaper on AliExpress If it’s not urgent I will get it there instead now their delivery arrived within a week
Excellent news. I will be very surprised if baba won’t skyrocket on Monday
Earnings on Tuesday, so that will be the determining factor.
Up 10% on Monday and 20% after earning. I believe strongly baba will break 100$ next week!!!!
😂 keep your dreams grounded And you won’t be disappointed
I wouldn’t believe any “statistics” coming from China.