$Alibaba HK SDR 5to1(HBBD.SG)

Alibaba's recovery story is hitting a new gear. 🚀 After holding the original BABA shares since 2023, it’s great to see the local SGX counterpart HBBD gaining momentum.

They just launched the Alibaba Token Hub and a dedicated AI business group under CEO Eddie Wu—major steps in their transformation.

📈 Trading at S$4.51 (up ~2.3% today), the value proposition is hard to ignore. With a P/E sitting at a deep-value 3.7x and trading significantly below its estimated fair value, the upside remains huge despite the recent market-wide choppy days.

⚖️ While my portfolio saw some swings due to geopolitical noise recently, holding onto Alibaba feels like a high-conviction play. The fundamental shift into AI and cloud services is the "engine" I'm betting on to drive the next leg up.

📉 Watching my position with a long-term lens. Patience is key when you’re trading a titan in transition! 📈✨