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Dust in the wind…
Clever…liked the analogy
Lol me too, the last tip you gave me was a winner and was glad for two reasons.
I’ve been so long here I forgot I had it…
Not good…
Sounds good, can’t wait to see a run. Thanks!
Quite week so far…what’s the next milestone?
Where? I hope it goes up but this is no Boom!
Good posts today…you always going to have one or two car salesman on board. Lol
Can’t wait for the stock to talk…cheerleading does nothing, facts are cool.
Us vs them…
When it comes to regulating technology companies, Lee said China is much more “action-orientated” than the U.S.
“The way the U.S. deals with large internet companies is to go through congressional hearings, judicial appeal, and antitrust and justice department,” he said.
“It takes a long time and usually no action. China is much more action orientated,” he said, adding that Americans aren’t used to the speed.
“Fast decisions, if made correctly, will force these companies to reform and give a chance to smaller companies, which we invest in, to have a chance, creating a healthier ecosystem,” Lee said.
China’s wealth is going up…baba will be part of that.
Crumb buyers…need some whales
Probably nothing…never a positive from there. I’m sure he would have said the wheel would never work. How will it get up hills or what would stop it when going down….lol
Well that post wasn’t so encouraging…
Any good news over the weekend?
He was so into this stock, went under 2 names and then disappeared…
As for today, hopefully “The Bloob” doesn’t keep eating our equity and we go green.
Wow…that would be awesome, hope you had that one.
Almost pulled it off, we are do for a Green Day…..Tomorrow!
Green today?
doesitreallymatter…no
I didn’t know he controls my buys and sells…lol
No…this is piss money for me.
Here a question…what’s the lowest point where one would consider the white flag?
For me it’s become like a fuse, until it fizzles out. Not that want that. I do have a decent amount invested, but this was fun money.
Was that 18 months ago?
Lol, not really.
BS is fishing at .037, like the feds printing money.
Green Day all Day…Ut Oh, big seller (BS) is back!
Hope he or she runs out this week.
No doubt, mystery seller…big chunks too!
Heavy volume, just can’t get traction.
I get your point and wouldn’t marry but it was a great date…I’d do it again.
NYC seems to have little interest, you would think a China based company would. “Buy Out”
It’s taking a Deng lot longer then I thought.
More negativity….
China's Antigraft Watchdog Probes Party Leaders in Alibaba, Ant's Backyard
9:07 am ET August 23, 2021 (Dow Jones) Print
By Sha Hua
HONG KONG -- China's anticorruption watchdog is investigating top government officials in the eastern Chinese city of Hangzhou, where Alibaba Group Holding Ltd and Ant Group Co. are based, raising questions about close ties between local top-level Communist Party officials and the private sector.
On Monday, the Hangzhou branch of China's Central Commission for Discipline Inspection criticized what it described as issues related to cozy government-business relationships and ordered the city's Communist Party members to resolve conflicts of interests involving themselves or family members in the next three months. Close to 25,000 party cadres had undergone self-examination, the statement added.
The announcement came two days after the disciplinary commission's national-level body announced a probe into Zhou Jiangyong, Hangzhou's top Communist Party official, citing suspected serious violations of discipline and law. While the antigraft agency didn't provide further details, the language used implied a corruption case.
The CCDI didn't immediately reply to an email request for comment. Mr. Zhou couldn't be reached for comment.
Over the weekend, the probe into Mr. Zhou, 53 years old, quickly became one of the top-trending topics on China's Twitter-like Weibo platform, attracting more than 820 million views from users.
On Sunday, Ant issued a statement saying it had abided by laws and regulations and dismissed speculations surrounding its initial public offering as false rumors.
Recent Chinese media reports had led to widespread speculation that the probe into Mr. Zhou was linked to the IPO of Ant, a financial affiliate of Alibaba. The Paper, a state-backed media outlet based in Shanghai, republished allegations from financial information provider Chnfund on Saturday that alleged Mr. Zhou's family had bought up shares in a local technology company ahead of a planned IPO last year, without naming the company. Both articles later disappeared.
Caijing, an influential Chinese financial publication, also published a report on Sunday citing similar speculation from social-media accounts. Though Caijing said it couldn't verify the allegations, it dedicated large sections of the article to Mr. Zhou's ties to Alibaba and recent probes into local Communist Party officials and their links to Ant.
In November, Beijing called a sudden halt to Ant's blockbuster IPO -- which had been on track to raise at least $34 billion -- after Jack Ma, the billionaire founder of China's Alibaba and controlling shareholder of financial affiliate Ant Group, publicly criticized China's financial regulators.
Before Mr. Zhou, two top officials in Zhejiang have come under investigation for corruption in recent months, according to announcements from local antigraft agencies last week and in June.
Ant didn't respond to a request for further comment.
Alibaba's Hong Kong-listed shares fell 3.7% on Monday, falling for a ninth straight trading day. The latest drop contrasted with a rise in the broader market on Monday, including small increases in the shares of Chinese internet giants Tencent Holdings Ltd., Meituan and JD.Com Inc.
Alibaba's share price has fallen by about one-third since the start of the year and now sits at its lowest level in more than a year, with a market capitalization of roughly $425 billion, according to FactSet.
Mr. Zhou, who began his career as a high-school teacher, rose through the party ranks of Zhejiang province, a wealthy coastal province near Shanghai, and was a vocal advocate for developing the digital sector.
Mr. Zhou bestowed Mr. Ma with an honorary medal for his service to the city at a September 2019 ceremony at which Mr. Ma was quoted saying: "The Hangzhou government and Alibaba represent a brand new relationship between government and enterprise, a kind of family relationship."
Days later, Alibaba and Hangzhou's municipal government signed an agreement to comprehensively deepen strategic cooperation, according to an announcement that has since disappeared from the Hangzhou government's website.
Alibaba didn't immediately respond to a request for comment.
Hangzhou has emerged as one of the wealthiest cities in China in recent years, thanks in large part to Alibaba and Ant. The per capita disposable income of Hangzhou's 12 million residents was the equivalent of more than $9,500 last year, roughly double the national average.
Alibaba and Ant are two of the city's largest employers and have spawned a cottage industry of merchants and technology companies seeking to do business with Mr. Ma's e-commerce and financial technology empire.
However, the fortunes of Mr. Ma's companies have taken a turn since Ant's IPO was halted. In March, Alibaba was asked to shed its media assets. In April, Beijing ordered Ant to restructure itself and allow for more government supervision, while Alibaba was fined a record $2.8 billion for antitrust violations.
--Xiao Xiao and Xie Yu contributed to this article.
Write to Sha Hua at sha.hua@wsj.com
China’s government…Strict parents!!!! US kids rule China old government rules. Wow I say uncle for now
All our talk of delisting…see ya later bye
Just a follow up with news, we were expecting early this week. What’s the next expectation for news?
I hear ya…..10 cents gets me even.