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$Alibaba (BABA.US)$ China just want one company to delist ou...

$Alibaba (BABA.US)$ China just want one company to delist out from new York stock exchange investors trade as though all China stocks will be delisted...speechless
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  • 24397237 : That’s stock market for ya

  • 102646779 : The delisting risk comes from both sides, albeit China has clarified their stance that they are not planning to do so. It still hasn't eliminated the risk that US won't delist the China stocks, as the China companies will be required to open their accounts to audits. And, who knows? It could be a can of worms if they open for audit?

  • PolyQ : it has nothing to do with the risk of delisting itself. it is all about sentiment, which turns into market fluctuation. if you follow the right steps you win, if you miss a step, you lose.

  • 102646779 PolyQ : There's no denying that sentiment plays a factor in the price fluctuations. However, it's also because there are a lot of other issues to consider besides the risk of delisting for BABA. Else, HFs and institutions wouldn't reduce their holdings in BABA in the recent quarters.

  • Investing 101 102646779 : Baba already clarified they are audited by US firms. The main issue for US was they wanted their own firms to audit the China companies. Otherwise fake earnings and reports could be given.

  • 102646779 Investing 101 : Actually, the pricipal auditor for Baba is PricewaterhouseCoopers Hong Kong and it also heavily includes the participation of other subsidiaries of PcW such as PcW Zhong Tian LLP and PcW - Singapore. However, the Public Company Accounting Oversight Board currently are not allowed access to reviewing the audits.

  • Investing 101 102646779 : Think China did mentioned about being more flexible with US on audit.

  • 102646779 Investing 101 : Yes. Investors can only wait for the implementations and see how it goes. [undefined]

Went through 30 years of trading ....started in my 20s and now is over half a century old.
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