Alibaba's Fitch A+ credit rating means the Company's financial data, business performance and future outlook is AFFIRMED to be strong and promising!
Good news for investors, China financial regulator, China Banking & Insurance Regulatory Commission Chairman Guo Shuqing told China State broadcaster CCTV on Wed Oct 20 that he expects to achieve significant progress in the rectification follow-up of fintech firms by before the year-end, signalling that Beijing's campaign for regulatory compliance rectification is receding at its final stages.
Investors are seizing the opportunity to snap up beaten-down attractive undervalued China stocks.
Go go time to pick up momentum before stellar earnings. Buy before it shoots to the moon like Tesla!!
More than $344 billion undervalued prize money waiting for investors to trade up and claim it! Alibaba will be worth more as the Company is growing stronger, getting traction from its ploughed in efforts and monetizing more than a year before!
😎👍💪 🐳🐳🐳 🚀🚀🚀
Source: https://finance.yahoo.com/news/china-hints-crackdown-tech-giants-012920830.html / bloomberg
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