$BABA-W(09988.HK)China Investment Information and China Creation Profit, two seats are buying 📈
Goldman Sachs research report predicts that after being included in the Stock Connect program, southbound capital will bring $15 billion to $16 billion (approximately RMB 106.7 billion to 113.8 billion) of potential capital inflow to Alibaba. Morgan Stanley research report also mentioned that in the long term, the proportion of southbound capital holdings may remain at more than 10%, providing considerable incremental support for the company's value.
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