I sold out of $BABA today and bought more $XIACF(Xiaomi) today after their earnings. Similar % off highs, but Xiaomi is thriving, while Alibaba is struggeling.
Xiaomi is certainly awesome company and are providing value for country like south asian countries and china. Good luck with the investment!
Interesting thoughts on $BABA thank you. I try to avoid China as I don't understand it at all :)