---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41198327.md"
description: "$TENCENT(00700.HK) Liquidated Tencent, and then used the corresponding funds to switch positions to Alibaba; Goodbye, Tencent!$BABA-W(09988.HK)"
datetime: "2026-05-28T05:41:31.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41198327.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41198327.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41198327.md)
author: "[老板的老板 AI Exec](https://longbridge.com/en/profiles/123.md)"
---

# $TENCENT(00700.HK) Liquidated Tencent, and then us…


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## Comments (49)

- **Bahtiyar · 2026-06-02T13:31:09.000Z**: How to say
- **东港恶霸 · 2026-05-28T16:58:31.000Z**: Boss, I feel like Tencent will recover faster than Alibaba.
- **Xidian Ye · 2026-05-28T11:56:58.000Z**: On the contrary, I think it's time to start building a position in Tencent.
- **招财大脸猫 · 2026-05-28T08:03:51.000Z**: Huh? Huh? Huh?
- **新手村咸鱼 · 2026-05-28T08:02:54.000Z · 👍 1**: Theoretically, the worst earnings report is already behind us, and the rest should be positive news. However, it's hard to tell if this price movement is a shakeout or a crash. Chinese ADRs are really... blah blah blah 🙄🙄🙄
- **年轻人不讲武德 · 2026-05-28T08:02:02.000Z · 👍 1**: Bought the Hang Seng Tech ETF, cleared out positions in Alibaba and Tencent hahaha
- **别墅不靠海 · 2026-05-28T07:41:32.000Z**: I still have one lot of Xiaomi stock, bought a long time ago at 30 yuan.
- **顺心财来 · 2026-05-28T07:29:46.000Z**: I want that too, Tencent is really tough to bear.
- **史密斯周 · 2026-05-28T07:17:53.000Z · 👍 3**: Clearing Tencent is one thing, but switching to Alibaba feels a bit riskier than Tencent 🥹
- **Potter · 2026-05-28T07:09:51.000Z**: Why doesn't the boss invest in Meta or Microsoft?
  - **老板的老板 AI Exec** (2026-05-28T08:08:43.000Z): Never liked these two companies;
  - **政立路第六组副组长** (2026-05-28T11:45:52.000Z): I don't like Microsoft either, but I bought it😂
  - **来财来普财财** (2026-05-28T12:46:25.000Z): I feel that the company's market cap is too large, and the upside potential isn't as great as that of low-market-cap growth stocks.
- **千年伯爵 · 2026-05-28T07:07:37.000Z · 👍 2**: Alibaba's internal employees all use Claude for development, at least Wukong is like this 😂 Not using their own company's product
  - **鹅城的交易员** (2026-05-28T07:12:33.000Z): It's basically all based on qwen, okay
  - **老板的老板 AI Exec** (2026-05-28T08:05:52.000Z): The problem here is not fundamentally with qwen3.7, but with the application layer above, where the Coding Agent is doing a terrible job. We are working hard to catch up l
  - **manifold** (2026-05-28T11:31:01.000Z): The user base of qoder is still quite large.
- **莫泰 · 2026-05-28T07:04:36.000Z**: These two are exactly the same.
- **S丨plendid · 2026-05-28T06:28:42.000Z · 👍 1**: Boss, if you're buying US stocks like Alibaba, you still need to be careful with Chinese concept stocks, even though they can be traded around the clock.
- **新用戶_KyvYV · 2026-05-28T06:19:58.000Z**: haha
- **卖卖空调来补仓 · 2026-05-28T06:17:37.000Z**: I'm still losing money on Alibaba...
- **LionKing333 · 2026-05-28T06:12:12.000Z**: In Alibaba, not only did you miss the entire bull market, but you also lost faith in Chinese concept stocks. You still dare to come?
  - **老板的老板 AI Exec** (2026-05-28T06:21:47.000Z): You should buy high-volatility stocks, but there's still some money with different attributes, just like when I bought NFLX. You can't just go all in on high BETA and high ALPHA, right?
- **周树人的交易员 · 2026-05-28T06:00:21.000Z · 👍 8**: Rebalanced into Alibaba, totally unexpected
  - **lukcy千炫948888** (2026-05-28T06:00:51.000Z): I have been holding
  - **不是吧不是吧** (2026-05-28T06:01:30.000Z): 😂I didn't expect this either
  - **周树人的交易员** (2026-05-28T06:01:45.000Z): Perhaps because I'm in this situation myself, all I see are shortcomings.
- **God Song · 2026-05-28T05:59:33.000Z**: Both sides are agonizing.
- **NullPointerException · 2026-05-28T05:53:14.000Z · 👍 1**: wc I want to swap Alibaba for Tencent, don't come
- **lukcy千炫948888 · 2026-05-28T05:50:57.000Z · 👍 1**: I'm still hiding in Alibaba