---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39075704.md"
description: "$BABA-W(09988.HK) A bunch of people are bashing Alibaba. It's true that the stock price hasn't performed well, but Alibaba's fundamentals are solid. E-commerce, AI cloud services, Pingtouge chips, the Qwen large model, Alipay, AI glasses hardware entry layout, comprehensive development of AI agents — which one is lagging behind? None! Closed-source models win applause but don't generate revenue and keep burning money. Shouldn't we adjust the direction? OpenAI, Anthropic, Gemini — which one is doing open source? Aren't they all closed source? Lin Junyang is indeed excellent, but the success or failure of a tech giant isn't decided by one or two individuals. The AI field is advancing every day. As long as Alibaba persists in investing in AI and focuses on AI, there's no problem. Opportunities arise from declines. What's there to fear? A tech giant with a P/E ratio of just over ten times — can't you hold on to it?"
datetime: "2026-03-05T06:07:56.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39075704.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39075704.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39075704.md)
author: "[杰哥慢慢变富](https://longbridge.com/en/profiles/12463992.md)"
---

# $BABA-W(09988.HK) A bunch of people are bashing Al…


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## Comments (4)

- **cxyhan · 2026-03-05T15:16:30.000Z**: I just think Duan Yongping is the teacher. If he doesn't buy it, I basically don't look at it either. In a few words, is it an e-commerce company? Or a food delivery company? The top spot in e-commerce was steadily taken down by Pinduoduo in just a few years. Why do anything else, why do food delive
  - **杰哥慢慢变富** (2026-03-05T15:23:26.000Z): Moutai's business model is unbeatable, it's a great company for value investing. Alibaba is not bad either, the share of flash sales has significantly increased, the share of cross-border e-commerce i
- **内蒙老虎 · 2026-03-05T11:18:29.000Z**: Hmm, that makes sense! It's just emotions getting the better of me right now.
- **吴满仓 · 2026-03-05T06:16:04.000Z**: Come out first, obviously shorting