$BABA-SW (09988.HK)$
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Investing in valued stocks for long term, and turbocharge with short term trading ie options
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Btan : Scared of CCP?
warrior-sailormoon : It’s a good news isn’t?
Sgtrader88 : CCP=China Price Premium.. More upside for Alibaba
Matthew D : Yes good news, but means more control by govn (not necessary a bad thing since its china)
GT1982 : Good news in my opinion due to several reasons.
1) If the CCP sits on the board it should make getting official approval for future plans easier for Alibaba.
2) The market hates uncertainty. This taking of golden shares could signal CCP loosening their actions against Alibaba which would herald a period of stability ahead.
warrior-sailormoon :
whqqq : I think it's good news. This shows that the country is open to technology companies.