$Alibaba(BABA.US) Alibaba's stock inched up 0.38% today—seemingly lukewarm as plain water, yet it still recorded a massive trading volume of $3.3 billion with a turnover rate approaching 1%. Its core e-commerce business remains steady, while uncertainties linger around cloud and overseas operations. Community discussions have hit a new high, but even dividend and buyback plans failed to bring any surprises. Institutional fund flows, as seen in ETF inflows, showed little unusual activity. The sector's defensive characteristics are becoming more pronounced. Compared to historical levels, the stock isn’t expensive, yet there's a persistent lack of excitement in the mood… The broader market sentiment carries a touch of autumn chill, with regulatory rumors staying quiet for now ⏳