Et1502
2022-08-06

$BABA$.... indeed true. With 3 issues still unclear, not too sure BABA is still a BUY, although manyanalysts have said on the contrary.

1] Delisting from USA Stock Exchange on ADR due to Public Accounting Act. Likely, listing in HK Stock Exchange, but the market & valuation is different.

2] Blacklist on Counterfeit products by US Regulators. Still an unkown issues to be resolved.

3] Under Chinese Regulators investigation on BABA IPO suspected participation by government officials. I read the news simetimes ago, but not too sure this issue has been resolved.

Anyone, pls comment & correct me, If I am wrong.

These pointers are my opinion and it is not to be taken as an advise to invest, ie BUY or SELL or HOLD the shares. Maybe, the situation has changed and I am not aware of the latest situation.

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