I think in the universe of publicly trade Chinese tech companies, few can match the astounding growth of Alibaba. Indeed, many investors have include Alibaba in their portfolio, either directly through the purchase of its shares in the US or Hong Kong stock exchange or indirectly via a passive ETF (BABA is within the Hang Seng TECH Index and also within the Ark Fintech Innovation ETF (NYSE: ARKF)). I do not currently own shares of Alibaba, however, if you are a long term buy and hold passive investor like me, Alibaba probably is in your watchlist. Its scale and growth is truly impressive (see below – from its 2020 Annual Report). The recent drop in the share prices came as no surprise...