William_Potter/iStock via Getty Images Thesis Summary Alibaba Group Holding Limited ( NYSE: BABA ) continues to trade near all-time lows, but it has seen a nice rally, followed by a bit of a pull-back in the last month. In the last few weeks, many famed investors and large hedge funds have disclosed opening positions in Alibaba and other Chinese stocks. Most importantly, though, there have been various reports that the CCP is going to further support the economy and specifically the housing market.
It seems to me like the CCP is giving the green light to investors, and this time it's not just words. While I maintain that China is still a risky place to invest, BABA is perhaps the lowest-risk investment given its size and history. I am maintaining a strong buy rating on BABA given its attractive price, strong likelihood of government stimulus and also the evidence that shows large funds are starting to buy back into China.
BABA's Back in Fashion In my last piece on BABA , I discussed the fact that an improving macro and political situation would be very helpful for Alibaba. Now, this has not quite played out as we expected. While I would argue that tensions have somewhat eased in the last couple of months, China's economy has continued to struggle.
However, I see signs of this changing, and I am not the only one. A Form 13F report submitted by the Canada Pension Plan Investment Board (CPPIB) showed that the investment institution acquired shares in several Chinese companies on.
