What caused Alibaba to decouple from us big tech in October 2020? Google as an example


I think it might have been the second lockdown but I'm not sure. Whatever it was and that is reversed, I really buy into the rapid rise of Alibaba in line with its valuation and fundamentals. Any thoughts?

I can't post the image but do an overlay with google and Alibaba and you will see what I'm on about. There was close correlation prior to October 2020 and then a clear both going in opposite directions – google up and Baba down


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