In recent years, I’ve maintained a steadfast confidence in the prospects of Alibaba Group Holding Limited, reflected in my consistent buy recommendations. However, my enthusiasm wasn’t solely driven by the company’s robust fundamentals. Instead, my conviction stemmed from a deeper understanding of the market forces at play.
As a disclosure, I hold a significant long position in Alibaba Group, comprising both NYSE-listed BABA and HKG-listed 9988 shares. Notably, over 97% of my holdings are invested in 9988 through the Hong Kong Exchange.
It’s essential to acknowledge that past successes do not guarantee future outcomes. Investors should exercise caution and consider their individual circumstances before making any investment decisions. The views expressed above are solely my own and may not align with those of Seeking Alpha or any other entity.
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