Replies to post #6042 on Alibaba Group Holding Ltd (BABA)

[stockfan100]

You said you would like to know the source that busted the "Chinese stocks restriction on American Exchange" fake news. I am happy to help.

CNBC - September 30, 2019

"The U.S. Treasury assistant secretary for public affairs, Monica Crowley, said in a statement over the weekend that “the administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time. We welcome investment in the United States.”

https://www.cnbc.com/2019/09/30/pulling-out-us-investments-from-china-could-hurt-america-more-analysts.html

Case closed! :-)

Oh, did you know 400 million middle class Chinese will be able to buy BABA at the Hong Kong Exchange in 2020? They will get it around $20 after a 1:8 forward split! NICE!