Broken Correlation Amazon/Alibaba, only an Evergrande thing?
Alibaba is off the road...
looks like total crash, like Bayer after the Monsanto deal...
But Alibaba got no endless billion dollar legal proceedings!
Alibaba got a protected billionen chinese market plus a growing part of the world....
The problems with the allmighty Xi Jingping dont making so much noise...
The user data part is under political control, so the ecommerece part can go on
First thing I'm thinking about is the chinese real estate crisis.
But the correlation between Amazon and Alibaba disconnected in june... in My mind the Evergrande thing came to late.
Please let me hear your opinion... Im totaly new to this game. Its so amazing! :-D
Going Long, Its a temporary thing... Ali ist lower then march '20 and the world wont stop because of Evergrande or so...
looks like total crash, like Bayer after the Monsanto deal...
But Alibaba got no endless billion dollar legal proceedings!
Alibaba got a protected billionen chinese market plus a growing part of the world....
The problems with the allmighty Xi Jingping dont making so much noise...
The user data part is under political control, so the ecommerece part can go on
First thing I'm thinking about is the chinese real estate crisis.
But the correlation between Amazon and Alibaba disconnected in june... in My mind the Evergrande thing came to late.
Please let me hear your opinion... Im totaly new to this game. Its so amazing! :-D
Going Long, Its a temporary thing... Ali ist lower then march '20 and the world wont stop because of Evergrande or so...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.