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Rocket Lab Return Rate$Alibaba(BABA.US)
Alibaba surged significantly. The core reasons are not only that funds from US and Korean stocks have started to withdraw, leading to a global capital rebalancing and reallocation!
The main reason is the recent large-scale share repurchase, which has been 4 million shares per day for 5 consecutive days. The last time there was such a large-scale repurchase was in August 2024, when Alibaba's stock price was around $80, followed by a broad reversal trend.
Moreover, top executives have been buying a lot recently, with net purchases reaching as high as $256 million! 🧐
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