Shares & Derivatives
[Paywall] Alibaba (HKG: 9988) to surge 10-fold in value?
By SG Wealth Builder  •  February 15, 2021
The last time that I covered Alibaba was in January 2019. Back then, Alibaba had not yet launched a secondary listing in Hong Kong and the former British colony was in complete turmoil with the unrelenting civil protests. To make matters worse, the company’s US stock was reeling from the devastating fallout from the US-China trade war. Since then, Alibaba (HKG: 9988) was listed in Hong Kong but the landscape has turned significantly darker with the onset of COVID-19 pandemic. And then, there is the Ant Group IPO fiasco. Given the series of unfortunate events, is it the right time to invest in Alibaba (9988) now? Alibaba share price in wonderland with Temasek Holdings Dark side of Alibaba Group Recently, a member wrote in to ask for my insights on the leading Chinese e-commerce giant. Indeed, investing in Alibaba (9988) has not been easy because of the unfolding events. But if...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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