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UpTickMeA$AP

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UpTickMeA$AP

Re: stockfan100 post# 6081

Friday, 10/11/2019 4:33:51 PM

Friday, October 11, 2019 4:33:51 PM

Post# of 8257
My goodness! Hopefully others understand what they own with BABA.


Though BABA’s headquarters are in Hangzhou, China, the company is a Cayman Islands-based Variable Interest Entity (VIE). Foreign investors can’t buy stock directly in either the VIE or BABA’s operating company. Instead, they invest in what is known as a Wholly Foreign Owned Entity (WFOE) that provides capital through a loan to the VIE.



https://investorplace.com/2018/12/baba-stock-considerable-risks/

Read the Harvard link in the article also. It will help.







DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.

People kill for money. What makes you think they will not lie to you for yours?

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