Used to own it with IG account, but lost interest for it to buy it back.
But recently I liked it again.
They worked with Starbucks to open a very futuristic Starbucks.
Shows that they are keen to modernize China.
Buying them might mean catching on China's growing middle class.
They bought Lazada and also many other SEA companies.
I like and use Lazada. They are basically capitalizing on the growth of SEA.
Had a talk with my father about my fear of China.
But I understood more about the situation. China is open in some ways, and I can fairly invest in them. They are open to competition.
They bought and own South China Morning Post. They hired a Ivy League young man of 30+ age to run it, and kept producing quality news on my Facebook.
But recently I read that they may have the mission of changing the world view of China using soft power.
The CEO Jack Ma seems to have a decent character. On the long run, it is important for making sound decisions for the company.
Technically it is also a good time to buy, as they reached one of the support zones @ $171.
I am also grateful to have cleared out most of my shares in IG just before the recent dip.
Now I only have Google and Uniqlo in the account.
