Alibaba: China Stimulus Plan Is A Game Changer
BABABABA(BABA) Seeking Alpha·2024-10-07 17:20

Alibaba (NYSE: BABA ) is set to be a major beneficiary of China’s massive stimulus program which is meant to promote economic growth, lending and consumer spending. With Alibaba recently breaking out to the upside, I believe theAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BABA, JD, PDD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...