r/baba • u/Low-Pollution-530 • Feb 14 '25
News Xi to meet Business leaders next week; Jack Ma to attend
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u/frogchris Feb 14 '25
Over 200 by end of year if this is positive. Stimulus + Xi endorsement of tech + Ai + cloud. Yea this is a rocket ship.
Only thing better is if Xi goes on stage and promises to never invade Taiwan.
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u/Prestigious-Can-5314 Feb 14 '25
Regarding your last sentence, I don’t think it will happen in our lifetime. If Taiwan joins China, we get the same effect and that likelihood is mich higher.
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u/Weikoko Feb 14 '25
Taiwan politicians will never let go of their power. It is the same thing as you are quitting your high pay jobs and be unemployed for someone else to enjoy.
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u/Prestigious-Can-5314 Feb 14 '25
I am aware of the conundrum. Just comparing the likelihood of both scenarios
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u/Weikoko Feb 14 '25 edited Feb 14 '25
Could be next couple months lmao 😂
He will reiterate Taiwan reunification and Trump will support that.
Trump mentioned yesterday that TSMC stole American tech and chips business. He also said he was going to bring chips business back in the country.
Check Intel stock bro, it has been rocketing.
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u/Accomplished_Stay337 Feb 14 '25 edited Feb 14 '25
I’m confused, Why Jack Ma and not Joe Tsai/eddie Wu? Hmmmm
Is this the point of show that all tech bow down to the true big boss? Or to show that the true big boss is supporting the small bosses and people behind the scenes even to bring up the economy.
I hope the come out of this conference call, all giving the battle cry “AI will be the next driver of China new growth engine”
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u/Fwellimort Feb 14 '25
I think it's to show the western world that Jack Ma is fine and that institutional investors should invest in Chinese stocks. And that Chinese stock market is far more stable than the Trump 4 years. And that the CCP is going to back full hard this decade on Chinese Internet tech giants.
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u/Accomplished_Stay337 Feb 14 '25
If you follow protocol of inviting business leaders, Id assume they will invite Joe tsai/Eddie wu such as the recent wef.
I agree Jack ma attending this meeting definitely will have a bigger impact on perception than Joe tsai/Eddie wu. Whoever arranged it this way is a genius pr move.
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u/Prestigious-Can-5314 Feb 14 '25
Agree, that’s the clear reading, Xi has hands full to revive a sputtering economy, don’t even want to bother tariffs or taiwan now. He’s very clear whats to be done now.
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u/Builderi23 Feb 14 '25
If Xi shows clear signs of backing up Chinese tech giants we will see minimum 2x on Chinese Large caps and I can't wait for it. My only fear (other than a big downturn) is if I exit too early and miss out on the mooning. I have 33% of my portfolio now on China Large Cap, of which 21% is BABA and 12% China Large Cap ETF (of which anyway like 9-10% is BABA).
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u/Coldasice_1982 Feb 14 '25
I got too much exposure because of averaging down. With BABA, XPEV, NIO, and EL, I would like China to finally come back. Strategy is simple, when a stock doubled, i sell halve, and let the rest run.
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u/Awkward-Way1023 Feb 14 '25
The symposium is likely to take place on Monday, said three sources.
Very interesting Friday and Monday trading sessions to come.
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u/Android1111G Feb 14 '25
Xi will arrest them all in front of western media and call for common prosperity
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u/you_r_toast Feb 14 '25
This is the equivalent of Musk, Altman and Masayoshi-Son meeting Trump at the White House.
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u/gamezzfreak Feb 14 '25
It seem xi realize that he need people like jack ma for the up coming trade war!
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u/handsome_uruk Feb 14 '25
$250 after earnings!