The ultra rich (tech company founders and celebrities) are getting targetted under the new slogan of "common prosperity". Majority of the population (low incomes) will support it much like the Cutural Revolution (same tactic different era). He will remian in power for a long time since there is no more term limit constraint and his oppositions are diminishing by the day.I still like BABA as a short - mid term play, but a bit skeptical if it can be a long term hold.BABA only grew to what it is today (in China) if not for the party's support. The company can disappear in a matter of seconds if it refuses to follow the party's directives.
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