Saturday, February 6, 2021

Alibaba's result beat analysts' expectation

but its US share price dropped ~4%; exposed a big price difference between its US and HK share prices. Initially, I thought I could execute my plan mentioned in http://ainvestor.blogspot.com/2021/01/jack-ma-1st-public-appearance.html to add more when it goes above its recent high at US$269. To my surprise, its US share price plunged after its good result announcement. I was unable to hold back my itchy finger, and decided to add more Alibaba during this pull back.

For this week:

Added Mapletree Log Tr @ $1.92.
Added ASHR @ US$41.73.
Added Alibaba @ US$258.66.

STI ranged between 2873 and 2939. 

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