Alibaba Group Holding Ltd (BABA)

[UpTickMeA$AP]

I hope it goes better for you this time. Last time was a bloodbath. Probably because Chinese companies are headed for delisting.

Chinese companies unfortunately, are all headed for delisting in the US. It's very unfortunate. Some of them are good, but authoritarian rule prohibits them from disclosure.

"

All the Chinese listed ADRs will likely end up on the list, because none of them will be able to comply with requests to have their audits reviewed," said Brendan Ahern, chief investment officer at KraneShares, told me. This is "because Chinese law prohibits the auditor to provide their review to U.S. regulatory authorities," he added.

https://www.cnbc.com/2022/03/10/these-chinese-stocks-are-down-sharply-on-thursday-heres-what-could-be-behind-the-decline.html

Never in history, has there been a worse time to invest in China. Regulations to delist, mass lock downs, war..

Plus, this BABA, isn't the Chinese Alibaba.. it's a cayman island's VIE shell company, set up to skirt Chinese law, that won't allow forign ownership in any Chinese company. One of the reasons for the new US regulation.

This is a toxic cayman island's VIE shell company, it gives absolutely zero ownership in the actual Chinese Alibaba.

They will never let US regulators comb through the numbers. This cayman island's VIE shell, will most likely get delisted at some point.

China can't even get outside companies to list on their exchanges anymore. Nobody trusts them anymore.