I would hope that we would still receive equal shares in the split companies, but before the ant ipo I believe they offered the government a free choice of what to take so I presume this would be a gift and received by shareholders as an overall loss? @Vedran seems to be clued up on baba stock and the whole ant group thing Iām fairly new to the party but feeling more uncomfortable by the minute.
Itās worth noting though that amazon shareholders faced fears of bankruptcy just before the boom? Could be worth adding to your risk calculation.
Update pre market down by over 7% but inflow orders are up
If I hadnāt of leveled down i would be over 35% down this afternoon, as it stands Iām still going to be over 15% down.
When is it too much?
10% down today now though this is turning sour? No word from Jack ma either isnāt helping much.
I think this stock is being dumped across the board due to uncertainty during the holidays
Iām almost certain this stock is toast, Iām no expert but my gut is telling me to dump this and wait until they announce something then get back in later down the line
Thanks for the wisdom, but that was not my initial point as I agree with the quotes. My point was different - weāre talking about CCP, not the west. But as Iāve (too) bought more at the dip, I very much hope it will bounce back!
Unless they are deliberately destroyed by the CCP. It is almost certain they will bounce back even stronger. Do you see any fundamental change in the financial, in revenue?
Do you ever think the Chinese government is going to deliberately destroyed one of the most iconic Chinese companies in the world?? Does anyone want to shot himself on the foot? Keep in mind Alibaba, Ant group is operating across the globe not just in China, HIng Kong US.
I think the case here is just a matter of power show to warn them āwho is the bossā. If Alibaba has broken the antitrust why not why not a year or a few years ago?
I agree, thatās why (as stated) I invested more on the dip.
From a newsletter:
China might apply competition law to its tech giants. This hasnāt really happened before (the law is only 12 years old) and Chinaās tech is much more cross-matrixed and overlapping than the US, where the winners tend to be more siloed. But is this about consumer protection and completion, or the Party asserting control? Link
I think this is an internal argument over what alibaba and others arenāt willing to do for the CCP, they havenāt towed the line so to speak so they are being publicly warned and humiliated.
The sad news is the CCP are currently making a rod for there own back across the globe and are showing no signs of either slowing or caring.
I wouldnāt be so sure that they wonāt destroy ant maās companies and form a state owned company from the ashes.
This is the only thing I am deeply worried about happening
And how long would it take to grow a monster from the ashes ?? Keep in mind China already have a lot of state controled enterprises.
Many of these chinese sttate own enterprises have been in existence since a long time ago, far before Alibaba Group. It is only a handful of them could match the revenue and market cap of Alibaba Group ?
They have an awful a lot of time to prove themsleves if they could do it.
I want to agree with you but itās clear currently the market doesnāt, I will keep my shares for now despite the risk but I see further losses ahead until an official from alibaba/ant group explains its future clearly and how they will structure a plan to not only comply but overcome the issues and continue on its previous explosive path that we all invested in.
