$Alibaba(BABA.US)$ pretty green in pre-market!!

$Alibaba(BABA.US)$ seems like the CSRC statement didn’t do much to quell delisting fears… we need the US SEC to say something…

$Alibaba(BABA.US)$
A spokesperson for the Securities Regulatory Commission answered questions from reporters: In terms of Sino-US audit and supervision cooperation, recently, the China Securities Regulatory Commission has had honest and constructive communication with regulators such as the US SEC and the US Public Company Accounting Supervisory Board (PCAOB) on resolving issues existing in cooperation, and positive progress has been made in promoting cooperation on some key issues. (Securities Regulatory Commission)

$Alibaba(BABA.US)$ How China or the Company will benefit from delisting from US? I really cannot understand the purpose for doing so. Hope yesterday was just a panic selling, price can be stablized later...

$Alibaba(BABA.US)$ Always said that when you buy Chinese stocks, you are not buying the companies, but you are certainly buying Xi JinPing.

$Alibaba(BABA.US)$ all it takes is just one news article reporting that US and China regulators working on delisting issue to send the price spiking

$Alibaba(BABA.US)$ wow what in the world is going on

$Alibaba(BABA.US)$ No Support free flowing..