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stockfan100

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stockfan100

Re: Sonnyusa post# 6110

Sunday, 10/20/2019 1:47:41 AM

Sunday, October 20, 2019 1:47:41 AM

Post# of 8285
The "slaughter" jokes against the company have zero value to both the retail and the institutional investors of BABA and here is one reason why.

Hong Kong will be in recession if this social situation continues there. Now, the question is will Hong Kong be more willing now to have the BABA IPO as a life line there to boast its economy or no. Experts say Yes!

Hong Kong understands the importance of this IPO to their economy. And, they will do anything they can to make this IPO happen next year, as planned.

"Today, Alibaba has a market capitalization of almost $430 billion. By 2037, the company has plans to create 100 million jobs, support 10 million profitable businesses and serve 2 billion consumers worldwide. This would make Alibaba the world’s fifth-largest economy."
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