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RE: People's Bank of China Announces Imminent Issuance of Central Bank Digital Currency
Not surprised with Alibaba's inclusion at all.
Like you, was doing some research and fell down the Alibaba mine-shaft to discover a whole universe of digital programs designed to control the whole commercial process. Makes Amazon look like primary kids.
We did aome calculations at work today and found that BABA is 6x undervalued compared to AMZN. I mean I know there should be a China discount and everything due to the VIE structure, maybe you don’t trust China statistics as much... but c’mon Mr. Market... 6x! Really?!?
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