NTES - Alibaba: Smart Money Tussle Over Holding Chinese Stocks

• Chinese equities broadly enjoyed gains with President Biden's multi-national leaders' summit on climate reigniting interest in Chinese suppliers of solar, wind, and electric vehicles, which dominate the global industry.
• Shareholders of Chinese stocks can relate very well with those holding fuboTV, where business fundamentals get ignored due to the short-sellers' narrative receiving better publicity.
• For every seller, there is a buyer on the other end. The media harped on the sale of Alibaba by several prominent funds, but left out the willing buyers.
• Wall Street analysts are sitting up and acknowledging the profit growth Baidu is expected to achieve in the coming years.
• If Baidu's share price remains stagnant, and it continues to deliver healthy positive EPS surprises, the stock would become irresistibly cheap.

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