104372693 :
The reason European and American institutions say is that when Evergrande is bankrupt and liquidated, there will be more real estate companies waiting to go bankrupt. The Chinese property market bubble is bearish on the Chinese market. They must now be vigorously shorting, and China Securities will still be falling for some time
MrM : Alibaba results releasing soon. Could be taking market shares back from PDD
102736396 : No, Trump may restart the trade war after coming to power, and Temu's revenue will be greatly affected
Andrew001OP MrM: That true, but down almost 9% is way too over reacted tho, and Alibaba is also down today.
Andrew001OP 102736396: If that, alibaba and all other should down 8% as well
, why just PDD.
102736396 : The Washington Post's latest report. Ali is unlikely to have this much influence
102736396 Andrew001OP: Ali doesn't have much business or influence in the US market
102156718 : Buy and keep Pain Duo Duo + Ali Bye Bye. Wait for 5 years, easily 3x.
104372693 : The reason European and American institutions say is that when Evergrande is bankrupt and liquidated, there will be more real estate companies waiting to go bankrupt. The Chinese property market bubble is bearish on the Chinese market. They must now be vigorously shorting, and China Securities will still be falling for some time