$Alibaba(BABA.US)$ $Tencent Music(TME.US)$ $Baidu(BIDU.US)$ earnings do not matter. Cash on hand do not matter. Revenues do not matter. You are holding a Cayman Island Shell VIE company. You don't own anything that remotely resembles the company. One announcement by Xi and your money will be zero. Foreigners are prohibited from owning Chinese companies. I am pretty sure the SEC will eventually just delist these companies because they serve no purpose for US investors.

$BILIBILI-W(09626.HK)$ why? What happen all a sudden can someone explain