$BABA-W (09988.HK)$ Morgan announced it was increasing its h...
$BABA-W (09988.HK)$ Morgan announced it was increasing its holdings of Alibaba stocks by 5 billion HKD, yet continued to sell off shares in the background, which is utterly shameless. This is clearly a financial war, with American brokers trying to turn the Hong Kong stock market into a scam to scare away investors. Unfortunately, the Chinese government’s ineptitude in dealing with this financial battle only exacerbates the situation
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Thelord : What can the China government do anyway? Their entire country’s reserves is not even close to the market cap of those US companies
104174101 : Let’s china fund buy back low and sell them high