$BABA-SW (09988.HK)$ the drop observed today is again due to...
$BABA-SW(09988.HK$ the drop observed today is again due to news that the chinese regulator calling up gaming providers such ss Tencent and alibaba. My view is that the regulatory outcomes would affect tencent more than Alibaba as Tencent has a larger share in gaming industries than Alibaba. Hence the fall should be temporarily unless more regulations are being enforced at other aspect of Alibaba businesses.
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Pentaminymum : whats your position?