It's incredibly dangerous to invest in companies that MUST submit to authoritarian communist rule. Especially, the current CCP. I fully expect BABA to delist. The Chinese communist party will never allow BABA to be transparent.
This stock is going to get slaughtered, delisted..
Never in history, has there been a worse time to invest, or do business with china. They simply refuse to honor rules, and regulations.
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?