红牛冲天
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红牛冲天
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红牛冲天
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$Alibaba (BABA.US)$
latest article from cnbc on tues 14th dec. BABA US investor is only 13.1%
which means delisting fears has more or less been priced in
Information in the video
https://youtu.be/KUxHODn4cYQ
latest article from cnbc on tues 14th dec. BABA US investor is only 13.1%
which means delisting fears has more or less been priced in
Information in the video
https://youtu.be/KUxHODn4cYQ
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红牛冲天
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红牛冲天
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$DiDi Global (Delisted) (DIDI.US)$ $Goldman Sachs (GS.US)$ Three people familiar with the matter said that Didi Chuxing plans to hire Goldman Sachs to be responsible for its listing in Hong Kong and delisting in the United States. Two sources said that Didi hopes to appoint Goldman Sachs to be responsible for the Hong Kong listing before starting the New York delisting. Another source said that Didi is also negotiating with other investment banks, including some Chinese banks. Didi did not respond to Reuters' request for comment. Goldman Sachs declined to comment.
Article excerpted from Reuters Financial Morning Post
Article excerpted from Reuters Financial Morning Post
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红牛冲天
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ETFs managed by Cathie Wood's ArkInvestment Management bought 969,890 shares or UiPath.
ARK's Buys
$UiPath (PATH.US)$ $Ginkgo Bioworks (DNA.US)$ $Stratasys (SSYS.US)$
ARK's Sells
$Disney (DIS.US)$ $Tesla (TSLA.US)$ $PayPal (PYPL.US)$ $Shopify (SHOP.US)$
ARK's Buys
$UiPath (PATH.US)$ $Ginkgo Bioworks (DNA.US)$ $Stratasys (SSYS.US)$
ARK's Sells
$Disney (DIS.US)$ $Tesla (TSLA.US)$ $PayPal (PYPL.US)$ $Shopify (SHOP.US)$
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红牛冲天
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Frankly, it’s not a easy question to answer. I am still optimistic (cautiously optimistic) about Chinese stocks. I do have a number of Chinese stocks which are under water which I’m still holding e.g $Alibaba (BABA.US)$ $Bilibili (BILI.US)$ $Futu Holdings Ltd (FUTU.US)$ will wait and see for a while as the risk of constant regulatory change is real 😔. The proposed delisting of $DiDi Global (Delisted) (DIDI.US)$ had sent shockwaves through the market and investors are jittery. The Ride hailing company has assured in a statement on 2 Dec that it will ensure that the US stocks are convertible to freely tradable shares on another recognised stock exchange. That has helped calm the market somewhat but the apprehension on Chinese stocks is there.
I think some of the Chinese stocks are currently at good valuations and can be considered for long term play 😊.
I think some of the Chinese stocks are currently at good valuations and can be considered for long term play 😊.
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