Today china stock market still up some, i bet tomorrow will go down and HK market follow, this shit might drop below $100.
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- Max87·10-09nothing to do with China market up or down. Baba historically dont depend on China market. however it does depend a lot on economic conditions in China itself. I believe for next several months, China market will be very busy sure to the overwhelming interest in capital markets from Chinese people. Currently, the no. 1 determinant of Baba/Chinese large issues is ETF/insurance institutional inflow through the south bound stock connect. Foreign investors will not stay but south bound inflow is here for the long haul.LikeReport