Much more* https://www.dailymail.co.uk/science...igh-rise-office-workers-escape-emergency.html (small laugh)
so does baba.. especially as of last week. it always amazes me the pessimism people have about stock but they miss the optimism that all true ceos business owners and employees share about their future work. ALso baba just increased their stock buy backs and baba is part of the sp500 and Nasdaq along with BIDU
Dumb investors are like.. omg tesla up 650 % i wont sell it.. BABA down 20 % in 3 days .. no way i would never buy baba look at that drop!
Isn't Jack Ma is under the cross hair of the Chinese government ? The monopoly is given to them and it's easily be taken away.
https://www.reuters.com/article/chi...s-this-year-new-benchmark-shows-idUSL3N2ET29R teh star 50 in china was up over 50 % whuch is hte equivalent to the usa nasdaq 100. which was up oly what 48 % ? CHINA wins again!
Ridiculous statement. This is about raising capital and earning fees. The US has TRILLIONS of Chinese company stock listed in the US. Chinese companies have proven they can raise as much capital and more in HK and China (witness the recent ANT IPO - it didn't go off but the amounts subscribed and locked up were massive). Who earns the fees for US listings - US iBanks, the US gov't (taxes), the US exchanges, US brokers, etc etc. Who gets hurt by making them list elsewhere - see above and don't forget higher commissions for those of you who understand the China economy will eclipse the US economy if forecasts are right by 2028. Talk about shooting oneself in the foot and giving China the opportunity it doesn't need US capital markets. Of all the moronic things the current administration has done thinking this tops the cake. (and BTW, a US company can list in HK and wouldn't want to list in China due to currency controls).