J.A.B refers to JD.com, Alibaba and Baidu , all of which I have vested interest in.
You can see from the chart except for Alibaba, both JD.com and Baidu since yesterday had broke out of the bearish trend and I hope I am lucky enough to scoop more of these good companies shares.
You can google more about these companies and find out more about its business, cash flows and latest news.
I also think the Chinese government has more or less done with the latest regulations on the internet industry! And thus far , these tech companies are also complying with the regulations, making adjustments to their business, cut out excess fats , etc. Thus, I think this irrational price drop is a significant discount for those who believe in their growth story.
Please do your own due diligence and assess these companies using your own metrics.
You can see from the chart except for Alibaba, both JD.com and Baidu since yesterday had broke out of the bearish trend and I hope I am lucky enough to scoop more of these good companies shares.
You can google more about these companies and find out more about its business, cash flows and latest news.
I also think the Chinese government has more or less done with the latest regulations on the internet industry! And thus far , these tech companies are also complying with the regulations, making adjustments to their business, cut out excess fats , etc. Thus, I think this irrational price drop is a significant discount for those who believe in their growth story.
Please do your own due diligence and assess these companies using your own metrics.
註釋
JD.com and Baidu.com have both broke out nicely and Alibaba also seems to be in a double bottom position.
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