[sgbuffett]

dr chan (sporean who migrated to hk)still v optimistic on baba n tencent who says mmany times tencent can go to 1000 !!

Only when Dr Chan and Master leong give up then Alibaba can bottom....and rally from low level.

Many bought when alibaba declare split to 6  ompanies a few months ago....that was the temporary peak of a 2 Yr down trend.

The future of growth companies cannot be determined with any certainty. Many come and go. 30yrs ago Motorola and IBM were tech giants now they are midgets struggling.

Amazon plunged theh come back with 100x returns.
China  stock price will twist and turn ...and leave you guessing.

Investing is all about managing risks and uncertainty. 

If we have time machines and can go back to buy apple and tesla...because we already know he outcomes....we can look smart.

Alibaba being the biggest ecommerce company in China by sales depends on the China economy to recover.  The Chinese economy is in not so good shape.