I have been extremely busy with work these days with major projects coming in one after another and not really fully monitoring my various investment portfolios. It therefore came as a big surprise to me (Stunned like a vegetable) to find that Alibaba (HK9988) has surged by more than 50% within 3 weeks. My position in Alibaba is neither big nor small....my current cost quantum is around S$33K per record at an average of HKD77. Recently, I was astounded when I looked at my trading App. The sleeping giant had suddenly awaken.

1. Beneficiary of DeepSeek Rally and iPhone AI Partner in China

The mind-boggling spike in share price seems to be primarily driven by the DeepSeek AI rally and also the announcement of Iphone partnering with iPhone for their China market. When Alibaba unveiled its own latest version of AI after the DeepSeek announcement, it created quite a big stir for its incredulous progress. In addition, Alibaba has also invested in...