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Alibaba's Reversal Keeps Going
BABABABA(BABA) Seeking Alpha·2024-08-19 11:22
Robert Way Intro & Thesis If you read my articles regularly, you probably know that I'm very skeptical about buying shares in Chinese companies in the long term - I'm particularly put off by the well-known VIE structure and the authoritarianism of the CCP that's limiting China's growth prospects, in my view. It was the combination of these factors that didn't allow me to upgrade Alibaba Group (NYSE:BABA) (OTCPK:BABAF) stock back in February 2024 when information about the purchase of the stock by co-fou ...