“AI is becoming a two horse race…I wish there were a #China AI ETF so I could invest in the whole theme.”
There is. It’s $BABA.
When you buy Alibaba, you get:
1. A direct AI revenue stream growing 100%+ YoY for 9 straight quarters
2. A leading open source LLM in @Alibaba_Qwen
3. 36% ownership of Moonshot AI
4. ~30% ownership in MiniMax
5. A minority stake in Zhipu AI
6. A minority stake in Baichuan AI
7. A minority stake in Língyī Wànwù AI
8. Exposure to China’s largest cloud platform (@alibaba_cloud) powering the infrastructure behind all of these models above and many more (~35%+ cloud market share in China)
And on top of all that, you get a retail and logistics giant actively embedding AI across its core commerce and fulfillment ecosystem.
If you want broad exposure to #China AI, $BABA is the closest thing to owning the entire theme.
@feanor_legend I agree with that 100% but my point is that Anthropic and Qwen are not comparable business models. Way too different growth and profitability. Not even in the same ballpark.
@EquityBrian This explains the constant sell block for BABA / KWEB every single night in HK session…wonder when they’ve sold enough…and when that happens how the stock moves when it’s not weighed down every session