Alibaba Group Holdings Ltd.
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Why accumulate Alibaba shares ?

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Amazon may be well known and widely used in many parts of the world but not in China.

I believe Alibaba investment into Cloud is to push Amazon out of the cloud market in China and also gives its next closest competitor, Tencent a run of their money.

There are still ample room upstairs for those who want to long this counter.
Nota
nice gap up, it moves about 3% last night. congrats to those who followed.
Nota
watch tonight closing price if it will breaks down from the bullish trend line or reverse.
Nota
added more on HK side

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