Expected and explained. No surprises, all 249 Chinese ADRs will be on that list. Empty bottles, PCAOB. Show some resolves instead of flogging a dead horse.
Baidu and iQIYI Stocks Slid in Premarket Trading
The Securities and Exchange Commission on Wednesday added Baidu Inc. to a growing list of companies
Hey, this sounds familiar. Yes, China just didthat a year ago. China's action then was condemned by the West and Media as being oppressive? Strange double standards.
Antitrust Bill Targeting Amazon, Google, Apple Gets Support From DOJ
The Justice Department Monday endorsed legislation forbidding large digital platforms such as Amazon
$Alibaba(BABA)$I am not Master Leong, yellow snake. It is degrading for me to reply in your post and help you gather more attention. I am not that shallow.
$Alibaba(BABA)$BABA's share price DOWN? Congratulations.Perplexed? For long term and value investors, this short term phenomenon should be celebrated. Why? Let me explain.BABA just announced upsized $25B (Extra large coke and fries) share buybacks. Assume BABA has only 3 shareholders. The price to buyout a shareholder is $50. BABA use her profit of $100 to buy out 2 shareholders. If the price reduce to $30 per buyout, BABA buys out all 3 and even have $10 left.Thus, for this period, the cheaper BABA share is, the more the $25 Billion can buy back. This will make long term holders much richer. Remember Ben's greatest words. Short Term voting machine Vs Long Term weighing machine. For the traders and punters, I wish you good