Please add Yuan (& eYuan)as currency to buy & hold A shares on Shqnghai exchange. And in the cryptobarena, please add HBAR (Hadera Hashgraph) & Decred.
Great move Ant. Alibaba & Ant have been at the core of enabling the development of a sound regulatory oversight of consumer & financial businesses in China. Both these businesses deserve proper recognition & full respect for their part in what will ultimately become, for China, a system as trusted & as good as that in Singapore . A powerful future after these painful times.
This is the most extraordinary business, with an energetic, dynamic, & creative management team...all things considered, it is simply an excellent investment. In years to come, those who saw the inherent value at this deep discount will be well rewarded. ???
If Investment in these valuable, growing businesses is fully expensed (as is implied by this anticipated light earnings haircut), this reflects a conservative and very healthy accounting policy. The true valuation of Investments is in reality enhanced, not only by this investment, but also by the added potential earnings capacity so developed.