Revisiting My Alibaba Investment Thesis: Long Term Compounding Machine.
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Introduction Alibaba and other Chinese tech stocks have become one of the most divisive topics in finance of 2021. The CCP over the past year alone has increased regulations across the entire tech sector, pulled Jack Ma’s Ant Financial IPO, nationalized the online tutoring industry, and is currently taking aggressive steps to obtain what Chinese President Xi Jinping calls “common prosperity”. These events have managed to wipeout over a trillion dollars of market capitalization across the largest Chinese tech stocks. Alibaba’s stock price is currently down 26% YTD and is trading at a PE multiple of 20. The article I have written today is about why I believe Alibaba is currently priced at a bargain and why I continue to personally buy these dips.
Revisiting My Alibaba Investment Thesis: Long Term Compounding Machine.
Revisiting My Alibaba Investment Thesis: Long…
Revisiting My Alibaba Investment Thesis: Long Term Compounding Machine.
Introduction Alibaba and other Chinese tech stocks have become one of the most divisive topics in finance of 2021. The CCP over the past year alone has increased regulations across the entire tech sector, pulled Jack Ma’s Ant Financial IPO, nationalized the online tutoring industry, and is currently taking aggressive steps to obtain what Chinese President Xi Jinping calls “common prosperity”. These events have managed to wipeout over a trillion dollars of market capitalization across the largest Chinese tech stocks. Alibaba’s stock price is currently down 26% YTD and is trading at a PE multiple of 20. The article I have written today is about why I believe Alibaba is currently priced at a bargain and why I continue to personally buy these dips.