Rumours of an Alibaba Segment Spining Off via IPO. What’s new!?
By Investmoolah  •  May 4, 2023

Again there are news of Alibaba preparing to spinoff one of its new business arms.

Share prices have moved up pre market again

Is there any new news?

Truthfully, this is not a new news to me, Alibaba has already said that it is restructuring so that each of its new 6 arms are able to individually manage itself or even spin off. THIS HAS BEEN SAID SINCE MARCH 2023!

As investors (long term ones), its simply due to us doing the maths of evaluating the worth of each of the segment and then buying to hold.

For me, Alibaba is a worth while investment as long as it is below $160, till then I will just be holding on to my 16,460 Alibaba HK shares and wait for the target price to be met.

Should I have adequate money after buffering for my monthly financial expenses, I will add

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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...

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