$BABA-W(09988.HK)
Alibaba is currently trading at: HKD 97.7, P/E 15.3x ,P/B 1.5x and it is 48% off 52‑week high
Comparing to other Global/Chinese Peers:
🟢 Tencent: ~21x P/E, JD.com: ~12x P/E and Amazon: ~38x P/E
🟢Trades at ~40% discount to Tencent, 60%+ discount to Amazon
🟢 Profitable and strong cash flow
Baba is definitely trading at deeply discounted. I am strongly believe that it will recover strong. Stay convicted and hold to ride the green wave.😉
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