What Happened: Regulatory agencies of China along with the Securities Exchange Commission in the U.S. are negotiating a cooperative method for audit supervision, China Securities Regulatory Commission said in a statement Saturday.
The CSRC also expressed confidence that the parties will be able to find a cooperative path that meets each other's regulatory needs, jointly protect the legitimate rights and interests of global investors, and promote the healthy development of the capital markets of the two countries.
Why It's Important: The CSRC has in the past promised to cooperate with the U.S. over how it supervises the auditing of Chinese companies, which could avert potential delisting of these firms from American exchanges.
The recent statement on the dialogue between the regulators of both nations suggests there could be a resolution to the stalemate over how to keep tabs on the auditors of publicly traded China-based companies here in the U.S.
Chinese companies listed in the U.S. such as $Alibaba(BABA.US)$ , $Tencent(TCEHY.US)$ and $JD.com(JD.US)$ were already under pressure due to a clampdown by local regulators. They were reprimanded in the past over antitrust issues and misuse of user data.
Earlier this month, reports suggested China is looking to make it mandatory for companies listed in the U.S. and Hong Kong, through the variable entity route, to make their ownership structures more transparent to facilitate regulatory reviews, especially in sectors that are off limits to foreign investment.
These adverse regulatory headlines have hurt even Chinese EV makers listed in the U.S., including $NIO Inc(NIO.US)$ and $XPeng(XPEV.US)$ .
Indications that Chinese and U.S. regulators are ready to bury the hatchet, therefore, should come as a relief to these companies.

This documents my current observations, research and analysis of Chinese tech stocks and how the speculators are using various instruments to impact on the pricing of the share price of Chinese tech stocks like Alibaba, Tencent, Meituan, JD, Xiaomi, Kuaishou Tech, Bilibili, Za Online, Trip.com, Pinduoduo, etc. I have also laid out some predictions on what could potentially happen in 2022. However, in the battle of two systems like US and China, the exact impact on pricing is extremely tough as sentiments sway the price rather than real fundamental value affect the share price. So all in all, I personally manage my portfolio on a portfolio management basis to manage my risks.
my YouTube video link:
https://www.youtube.com/watch?v=TCBmvV2MNvA
Do subscribe and like my youtube channel so that you can be updated on quality research and analysis. Thanks for your support!
$Alibaba(BABA.US)$ $Meituan(ADR)(MPNGF.US)$ $TENCENT(00700.HK)$ $Baidu(BIDU.US)$ $BIDU-SW(09888.HK)$ $PDD Holdings(PDD.US)$ $ZhongAn Online P & C Insurance(40304.HK)$ $XIAOMI-W(01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B(XIACY.US)$ $UP Fintech(TIGR.US)$ $Futu Holdings Ltd(FUTU.US)$ $Trip.com(TCOM.US)$ $TRIP.COM-S(09961.HK)$ $JD.com(JD.US)$ $JD-SW(09618.HK)$ $JD HEALTH(06618.HK)$ $Hang Seng Index(800000.HK)$ $Hang Seng TECH Index(800700.HK)$ $iShares Hang Seng TECH ETF(03067.HK)$ $KUAISHOU-W(01024.HK)$ $Haier Smart Home(600690.SH)$ $Lenovo(05562.HK)$ $Bilibili(BILI.US)$ $BILIBILI-W(09626.HK)$ $NetEase(NTES.US)$ $NTES-S(09999.HK)$ $KE Holdings(BEKE.US)$ $HKE HOLDINGS(01726.HK)$
As always, this should not be construed as any investment or trading advice.

$BABA-SW(09988.HK)$ When is the Internet overhaul going to end, ah, it's going to be insane!

$Alibaba(BABA.US)$ Good

$Alibaba(BABA.US)$ Indeed surprising to see Alibaba still at current price. IMHO this company has its business model in place and shoppers and businessmen who have used their online platforms would know that their business model is robust and intact .   Other than not paying out dividend this is one company that is worth taking a second look .

i am a stock market newbie, started investing in moomoo on September. I am glad that i make the first move. Received free $Apple(AAPL.US)$ and $Twitter (Delisted)(TWTR.US)$ from moomoo. 🥰 thank you so much!
Its been a fruitful journey for me in moomoo, i love the chit chat platform moomoo have, it allow all investors to share their thoughts, even sometime it affect my judgement on certain stock, but i did learnt from some kind & experience investors through the chitchat platform. During my investment journey in moomoo, i have learnt that "patient is the key! " I am someone "fear of missing out(FOMO)", these makes me fall in the traps most of the time and finally get stuck in tat stock wishing for the stock to go up again.
What we should do is actually:"be greedy when everyone is scare, and be scare when everyone is greedy!".
Once again, i would like to thanks everyone in moomoo family, your comments and your advise did help alot. It's been a fun journey with you guys. My brothers and sisters in
$Tesla(TSLA.US)$ $Lucid Group(LCID.US)$ $Sea(SE.US)$ $Palantir(PLTR.US)$
Let's wish all of us a Merry c
Chritsmas and Happy New Year!!!
Let's get rich together!!!!