$BABA-W(09988.HK) A 4-point drop pre-market is still okay. As I've said before, the Q1 earnings guidance this year is the key. Let's see what the earnings call says in a bit.
Most retail investors are not Alibaba Cloud users. As a heavy user of the Alibaba ecosystem, the key is the performance guidance for Q1 this year. The user growth of Tongyi Qianwen, the market leadership of Flash Express, and the sold-out tokens all happened in Q1 this year.
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