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https://www.barrons.com/articles/alibaba-baba-stock-reasons-to-buy-51641561566
Updated Jan. 7, 2022 6:24 p.m. ET / Original Jan. 7, 2022 8:20 americium ET
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Alibaba shares person had an fantabulous week due to the fact that the banal looks inexpensive and investors are buying the large dip.
After losing astir 50% of its worth successful 2021—amid intensifying regulatory pressures and concerns astir slowing growth—shares successful the Chinese tech elephantine person climbed much than 9% since the commencement of 2022. That surge comes adjacent arsenic peers successful U.S. tech person tumbled alongside rising enslaved yields and indications of tightening monetary policy.
That...