Bought Alibaba at $256 amidst the mess that Chinese tech companies are facing. I’m seeing this as a temporary drop in share price due to panic selling. Largely undervalue as compared to Amazon. Foreseeing that covid-19 has forced consumers’ purchase habit to rely more on online shopping, generating more sales than ever. This can be seen by recent 11/11 transaction. Also Alibaba has large investment stake in cloud data services which is bound to provide more revenue. This is a stock to hold forever, which is in line with my growth component in my portfolio.