When will BABA reach again $115/sh?

Reasons why it may happen sooner: - City-wide Chinese covid lockdowns are over. Despite news of potentially new curfews, I think Xi will be careful to not burn more political capital before his hoped-for re-election. - Large capital outflows leaving the high-inflation US towards China which has lower inflation rates. - All the above helped by the Chinese government’s stated aim to ease their tech crackdown.

Reasons why it may happen later: - Xi may go berserk if covid cases sharply rise again. - Geopolitical risks escalate (taunting army planes, etc).