
BABA Return Rate
BABA Diamond Holder$BABA-W(09988.HK)
The US updated its list of Chinese companies it claims support Beijing’s military this week and Alibaba was included. This does not concern me at all. As a a long-term Alibaba investor, I added more Alibaba shares yesterday as I still see strong value in the business.
Something worth noting: Alibaba just launched a new unit called Token Foundry. It brings together key AI teams including Tongyi Lab and Future Life Lab, and will report directly to CEO Eddie Wu. This move is part of the group’s push to accelerate AI commercialisation and align all its businesses under one unified AI strategy.
Go for long term and you see the light to the tunnel😉.
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