Alibaba Group Holding Ltd (BABA): More big name Chinese companies refusing...

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Tuesday, 08/16/2022 8:57:03 AM

Tuesday, August 16, 2022 8:57:03 AM

More big name Chinese companies refusing transparency, refusing to honor regulation, and getting delisted.

https://www.bloomberg.com/news/articles/2022-08-15/china-stocks-with-us-listings-in-focus-as-delisting-gathers-pace

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?