China has implemented multiple regulatory crackdowns on the livestreaming industry over recent years. So it was a smart move to pivot away from China to Dubai which is far more supportive.
I wouldn't go that far. Sure, there are some great companies like Huawei, but most create cheap knockoffs. And with even the good companies, consumers should worry about spyware.
With the $AAPL AI deal, $BABA and $BZUN are up 8% and 10% in Hong Kong today.
$BABA and $BZUN are substantially undervalued and are strong buys.
$BABA sp target: $200 (80% above current sp)
$BZUN sp target: $10 (200% above current sp)
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