$BABA-SW (09988.HK)$ US ADR BaBa share traded $ 120 but HK o...
$BABA-SW(09988.HK$
US ADR BaBa share traded $ 120 but HK only around 150.
What I can observe, China grandpapa still unstoppable putting a lot of restrictions & crack down on this BaBa co. even Jack Ma already quitted from the board.
US ADR BaBa share traded $ 120 but HK only around 150.
What I can observe, China grandpapa still unstoppable putting a lot of restrictions & crack down on this BaBa co. even Jack Ma already quitted from the board.
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Ken-Opulence OP : Earlier was e-commerce cracked down now cloud biz cracking down. Most likely China grandpapa want to totally control the whole co. since they realised strong cash pile & cash cow generation