Traders take note: BABA has been blowing out earnings lately. Stock has been held back by ramping tensions over trade between the US and China. But the Trump White House is moving back toward juicing economic sentiment by rolling back that tension as the 2020 campaign looms.
Baba is launching an IPO in China this month plus has a Holiday they will make $$$$$$$$ on their `1th Singles Day which is coming up. Whatever happened to the idea of their stock being split 8:1 before they IPO in HK, does anyone know? Talks were in June/july but can't find anything recent.