IssacxIce
2021-08-17

$Alibaba(BABA)$Is not worth your risk. I’ve said it before & some did not trust me. Well,good luck for those still in it. 

@IssacxIce：$Alibaba(BABA)$$Tencent Holding Ltd.(TCTZF)$$DiDi Global Inc.(DIDI)$Why US Chinese Stock is danger now ? Let me share with u guys my insights with 5 Major Risk. 1) Cybersecurity review and data collection issues in China (affecting Didi Stock and most large internet Chinese Stock) 2) Anti-Trust Crackdowns In China (Affecting all Chinese stock) 3) Chinese Stocks potentially delisting in USstock exchange (Affecting all Chinese stock) 4) Variable Interest Entity(VIE)Structure (Affecting all Chinese Stock) 5) Tensions between China & US Yesterday I’ve sold off all of my Chinese Tech in my portfolio. For me I’ve letting most ofthem perform for almost 4-5 months, but it’s still not stable. Hence, as of yesterday it drop almost 20% in just few days time. 4 months drop almost 40%. I’ve hold them as long as I hope. But the tensions between US & China has increased over time. There are 248 Chinese companies listed in the US Stock Exchange with total capitalization of $2.1 Trillion. A lot of people have beensaying that Chinese Company delisting in the US will be make a huge impact in US market which the US will not take the risk. But I say, Most people have underestimated the tensions between China & US. Politics isalways a big determining factor in any business whether u like it or not. Big Chinese tech like BABA & TENCENT most likely include Shareholders with CCP Background, and don’t ignore the resolutions of US to target any corporation related to the CCP. Hence thechances these companies will hand over their audit data to the US is rather low, Chinesecompany must disclose their earnings and open their books for audit (like all US businessare required to do) to stay listed in the US exchange. If they don’t they will be delisted,zeroring out the value of the US stock. So Is very risky to buy Chinese stock right now, the delisting is pretty likely. If Chinese stock in your portfolio is small or u just started, is pruden to stay away right now until the tensions is stable. However if u have a larger portfolio, prepare more cash to reduce your portfolio risk.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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