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BlockBeats News, August 16, Emerging US stock star analyst KawzInvests (@KawzInvests) stated that Alibaba (BABA) is still undervalued by the market. He mentioned that Alibaba Cloud's external revenue grew by 40% year-on-year last quarter, and AI product revenue has achieved triple-digit growth for the 11th consecutive quarter.
Furthermore, Alibaba holds about 5% of ChangXin Memory Technologies (CXMT) shares, with an initial investment cost of approximately 7.6 billion RMB. The current value of this stake has exceeded $20 billion.
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