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Alibaba: The Undervalued Tech Giant
By Investing Beanstock  •  March 10, 2021
I don’t think Alibaba needs another introduction. Everyone’s favourite online shopping mall, Taobao, is taking over China by storm. With the rising middle class and growing affluence in Chinese demographics, it is no wonder why Alibaba’s move into the E-commerce field was able to garner them so much attention and even labelled as the “Amazon” of Asia, and rightfully so. Join My Tele Channel Here Alibaba’s stock price has gone no where in the past few months due to reasons such as rising US-China tensions, the delayed Ant IPO, multiple delisting concerns as well as stronger regulatory curbs from the Chinese government. As a result, investors have decided to sell off their Alibaba shares in pursuit of other opportunities. While the slew of bad news may seem frightening, Alibaba’s fundamentals remain strong and the recent “discounted” share prices in the past months could provide an attractive buying opportunity. I personally bought more...
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By Investing Beanstock
Investing Beanstock incepted as a platform for me to share my knowledge on investing and personal finance. As investing is a long term process, just like planting a bean, it takes time and effort before it can grow exponentially and be rewarded like Jack (and the beanstalk).
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