IssacxIce
2021-07-27

$Alibaba(BABA)$Sell off my position at BABA just now. My position was at 206.60, just 1 day it drop almost 11%. I sell off to stop my loss. 

In My opinion, BABA is a very strong base company, they have strong financial. But the thing is, Chinese Base US Listed Company have too much Drama even strong company like BABA. & TENCENT. Due to a lot of US,China & HK government involvement, potentially affecting the growth of the Chinese Base Company. BABA has drop almost 40% since4 months ago until now is still dropping. 

Just my personal opinion, is good to stay away from Chinese Base US listed company for awhile. 

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  • WayneCai
    ·2021-07-27
    Good luck to you. I am buying more when blood is on the streets.
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  • DragonKC
    ·2021-07-28
    Selling off BaBa is over reacting. Baba is a very strong fundamental company. Price will bounced back in few weeks time. Sell when take profit. Don't sell at loss.
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  • IssacxIce
    ·2021-07-28
    Good luck to everyone. Understand that this is not financial advice, Its just my personal Insights after some research. Lets hope for the best.
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  • Dont be weak
    ·2021-07-28
    Shows how many investors with weak hands and letting emotions get the better of them. Baba alr got hevaily fined by regulators a few months back. Business as usual after that, if not even better.
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  • IssacxIce
    ·2021-07-28
    3rd Major Risk: Chinese stocks’ potential delisting in the US (affecting all Chinese stocks)


    4th Major Risk: Variable Interest Entity (VIE) Structure (affecting all Chinese stocks)
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    • Keljoan85: 
      for 3rd risks, is it because US will make Chinese company delist? I am just thinking why would I delist when I am getting investment?
      2021-07-28
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  • FatCatCEO
    ·2021-07-29
    Every tech stock has its risks. Antitrust and anti monopoly also happen to apple Microsoft etc.  Research don't comes after u buy it. It shld before so u can hold ur conviction.  Gd luck
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  • asrul007
    ·2021-07-28
    OMG! For me, I would buy more stocks of Alibaba while the price is currently going dow…I still believe in this company because if its strong fundamenta…Good luck Bro!!
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  • IssacxIce
    ·2021-07-27
    from what i know. Many popular hs sold off JD BABA & TENCENT
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  • Keljoan85
    ·2021-07-28
    Unless there is a war, there is no reason to sell when fundamental is good. its all sentiments.
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  • yamehyameh
    ·2021-07-28
    Delisting doesnt mean the stock becomes worthless
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  • Huat8Huat
    ·2021-07-28
    It's a strong company. I am just about to add more. The more it drop, the more I will add.
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  • DDx
    ·2021-07-28
    Enough said
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  • IssacxIce
    ·2021-07-28
    2nd Major Risk: Anti-trust crackdowns in China (affecting Alibaba stock, Didi, Tencent Holdings, etc.)
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  • IssacxIce
    ·2021-07-28
    1st Major Risk: Cybersecurity review and Data collection issues in China (affecting Didi stock and most large internet Chinese stocks）
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  • FuJie1010
    ·2021-07-27
    when everyone is fearful, I will be greedy. keep Chinese stock for longer term , it will shine
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  • IssacxIce
    ·2021-07-27
    For me, Ive been letting some of the chinese stock in my portfolio to perform for almost a quater. But its getting worse
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  • Terrorfredx
    ·2021-07-29
    if u kept yr position. everything will be fine. sad 11% gone
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  • Bk49
    ·2021-07-29
    My No. 1 rule to strong stocks like Alibaba, nvr sell until 15% profit from the day I buy
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  • D9nny
    ·2021-07-29
    This post didnt age well.
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  • PixieDust
    ·2021-07-27
    Does Cathie Wood sold off baba too?
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