Consequence of Chinese gov. monopoly investigation
$阿里巴巴(BABA.US)$
Based on Chinese law, the maximum fine they can put on a company is 10% the prior year's sales. which means one time fine of maximum 50 Bil out of the company pocket. In reality, It is very unlikely BABA will be fined more than 1% of the sales total since this has never happened in China corporate history. Sounds like the goverment is into a mission to show who is the boss to Jack Ma. It is quite possible some major partners /shareholders will have to give up the corporate control rights rather than actually big monetary fine. This "investigation" led consequence in market has been brown way over the cloud.
Based on Chinese law, the maximum fine they can put on a company is 10% the prior year's sales. which means one time fine of maximum 50 Bil out of the company pocket. In reality, It is very unlikely BABA will be fined more than 1% of the sales total since this has never happened in China corporate history. Sounds like the goverment is into a mission to show who is the boss to Jack Ma. It is quite possible some major partners /shareholders will have to give up the corporate control rights rather than actually big monetary fine. This "investigation" led consequence in market has been brown way over the cloud.
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踏雪无痕²⁰²⁰ : Let's wait until we get to the bottom of it
Optionus Prime : Can anyone else say buying opportunity? $$Alibaba Group Holding Ltd ()$ In the money LEAP then sell calls every day against em... Moomoo when you gonna start doing spreads?
过把感情瘾8 : Foreigners don't understand how to interpret political signals at all... Whether Chinese companies have been investigated is completely treated in two ways. Then, yesterday, the Secretary of the Zhejiang Provincial Party Committee expressed his support for Xi Jinping. This was the biggest downside. Starting next year, Ali's weight will only slowly decrease; you can learn from Wanda. The reason for the sharp drop on Thursday was that the agency saw through this point. Ali won't be worth that much money later
ithrivemach : Buy buy buy
橘洲往事 : Chinese securities just came out to cut foreign leeks. Haha, the big A shares are not enough to hurt
热沈的布雷尔 : A rebound of 300 is appropriate