Dec. 22 at 2:15 AM
$BABA $FUTU $BIDU $PDD $TENCENT
Think logically. CCP has managed to overcome enormous difficulties to eliminate poverty in one generation. Surely the economic slowdown that China is facing now is 'no big deal' compared with what the country went through before. Being a one party system, it has the big advantage of policies being implemented fast. The more the West tries to contain China, the faster China will innovate as you can see in the progress China made in the infrastructure and technology front in recent years. While China continue to build relations, widen her economic clout through the BRIC initiative, the West continues to be mired in internal politicking, spending precious taxpayer's dollars on incessant wars and warmongering instead of buildng a better life for their people.
These gems are grossly undervalued at current prices. Baba's AI infrastructure cost is only 10% of its Western peers. Long term I am super ultra bullish. The best is yet to come.
