$Alibaba(BABA)$ I opened this trade by buying 10 Alibaba shares at US$105.46 each, committing US$1,054.60 before fees. My intention is to establish a small position in a business whose exposure to digital commerce, cloud computing and artificial intelligence interests me, while keeping my initial investment manageable.

My investment thesis is that Alibaba could benefit over time if it translates these opportunities into sustainable business growth. I am particularly interested in the connection between AI adoption and demand for cloud services. However, I recognise that technological potential alone does not guarantee stronger earnings or a higher share price.

Starting with 10 shares allows me to participate while leaving room to reassess. I do not need to commit a large amount immediately or assume that I have bought at the lowest possible price. Any decision to increase my position would depend on business performance, valuation and my overall portfolio exposure.

I also recognise the risks, including competition, regulatory uncertainty, geopolitical tensions and weaker consumer demand. This trade reflects a cautiously positive view of Alibaba’s prospects, rather than confidence in an immediate rebound. My focus is to monitor whether the business supports my original thesis and remain disciplined if circumstances change materially over time.