Alibaba Stock: Bullish, Despite Earnings And Revenue Miss In Q2 (NYSE:BABA)

Agree or disagree with this thesis? https://seekingalpha.com/article/4470541-alibaba-earnings-short-term-pain-for-long-term-gain

Chris Nheu

On Christmas Eve, Chinese regulators finally legitimized a legal loophole that has allowed Chinese tech firms such as Sina Corp., Alibaba and Tencent to list their shares overseas despite Chinese rules banning foreign ownership of domestic tech companies. The move ended more than 20 years of silence by China about the structure known as variable interest entities, in which Western and other non-Chinese investors own shares in Cayman Islands or British Virgin Islands entities set up by the Chinese companies. 🥳

https://www.ndrc.gov.cn/xwdt/xwfb/202112/t20211227_1309929.html?code=&state=123&utm_content=article-6899&utm_source=sg&utm_medium=email&utm_campaign=article_email

Seems like we won’t see Chinese IPOs in the US anymore. That’s why we need crypto 😆 

https://finance.yahoo.com/news/china-plans-ban-loophole-used-073233935.html

Seems like we won’t see Chinese IPOs in the US anymore. That’s why we need crypto 😆   https://finance.yahoo.com/news/china-plans-ban-loophole-used-073233935.html

Welcome to the coolest profile 💥💥💥 🚀

Jozhe

On Christmas Eve, Chinese regulators finally legitimized a legal loophole that has allowed Chinese tech firms such as Sina Corp., Alibaba and Tencent to list their shares overseas despite Chinese rules banning foreign ownership of domestic tech companies. The move ended more than 20 years of silence by China about the structure known as variable interest entities, in which Western and other non-Chinese investors own shares in Cayman Islands or British Virgin Islands entities set up by the Chinese companies. 🥳  https://www.ndrc.gov.cn/xwdt/xwfb/202112/t20211227_1309929.html?code=&state=123&utm_content=article-6899&utm_source=sg&utm_medium=email&utm_campaign=article_email

【扩大高水平对外开放  推动经济高质量发展——国家发展改革委有关负责人就2021年版外商投资准入负面清单答记者问】-国家发展和改革委员会

All meaningful returns in life, whether in wealth, relationships, or knowledge, come from compound interest.

🤓 let’s geek out 🤓

Illegitimi non carborundum

Single Malt Society 🥃

Food Porn

Tunes

DANK MEMES

Bio hacking

(Cool) Dev

Dilbert Classics 🖥️

Lens of Passion

Hip-Hop

Podcasts We ❤️

🖼📷Art

MEDITATION (mindfulness)

Digital Wellness 📱🧘

Mixed Martial Arts (MMA)

Nate

(Bloomberg) -- China is planning to ban companies from going public on foreign stock markets through variable interest entities, according to people familiar with the matter, closing a loophole long u

China to Close Loophole Used by Tech Firms for Foreign IPOs

Data is beautiful

Jozhe’s Podcasts

Crypto

学中文 🇨🇳

Been seeing headlines like this (or polar opposite) a lot.  So when does the bleeding stop?

Getting bullish on China. Have to follow the money, not the words 🤔

https://www.bloomberg.com/news/articles/2021-12-14/goldman-sachs-says-chinese-stocks-a-bargain-with-rout-overdone

Getting bullish on China. Have to follow the money, not the words 🤔  https://www.bloomberg.com/news/articles/2021-12-14/goldman-sachs-says-chinese-stocks-a-bargain-with-rout-overdone

Chris Nheu

A group of likeminded people in The Most Important Thing are talking about this.