Hey guys!! Let me know what you think about this setup $BABA-SW(09988.HK)$
On the H4, with the price reversing off the ichimoku resistance, we have a bearish bias that price will drop from our sell entry at 102.85 where the horizontal swing high resistance is to our take profit at 79.65 in line with the horizontal swing low support and 61.8% Fibonacci projection. Alternatively, price may break entry structure and head for stop loss at 106.15 where the horizontal pullback resist...

$BABA-SW(09988.HK)$
Hey guys! Anyone else eyeing Prices have broken a key resistance and our descending trendline at 109.5Looking to get in at the buy entry @ 110.2 in line with 78.6% Fibonacci projection and also horizontal overlap. Probably going to long to 123.55 in line with 50% Fibonacci retracement and have my stop loss at 96.95 in line with 38.2% Fibonacci retracement. MacD is also supporting our bullish bias.
Entry: 110.2
Take Profit: 123.55
Stop Loss: 96.95
What do yá...

Hola guys! Let me know what you think about this setup on $BABA-SW(09988.HK)$ 
I'm looking to get in at 108.2 where the horizontal overlap resistance, resistance of ichimoku cloud and 61.8% Fibonacci retracement is and playing it to 71.15 in line with the horizontal swing low support and 61.8% Fibonacci projection level. I'll have my stop loss at the next swing high resistance at 123.30 in line with the 78.6% Fibonacci retracement. My bearish bias is further supported by how pr...

Hola guys!
Let me know what you think about this setup on $BABA-SW(09988.HK)$ 
I'm looking to get in at 92.70 where the 38.2% Fibonacci retracement and horizontal pullback resistance is and playing it to 88.05 in line with the 161.8% Fibonacci extension. I'll have my stop loss at the next swing low resistance at 94.70 which aligns with the 61.8% Fibonacci retracement.
Entry:92.70
Take Profit:88.05
Stop Loss: 94.70
$Alibaba 5xShortSG230202(DAGW.SG)$ 
$Alibaba 5xLongSG220608(DGFW.SG)$ ...

China will impose new restrictions on offshore listings by firms in sectors that are off-limits to foreign investment, a move that could plug a loophole long used by the country’s technology industry to raise capital overseas. Chinese firms in industries banned from foreign investment will need to seek a waiver from a negative list before proceeding for share sales, the National Development and Reform Commission and the Ministry of Commerce said in a statement on Monday. Overseas investors in such companies would be forbidden from participating in management and their total ownership would be capped at 30%, with a single investor holding no more than 10%, according to the updated list effective Jan
The overhaul represents one of the biggest steps taken by Beijing to tighten scrutiny on overseas listings, after ride-hailing giant Didi Global Inc. proceeded with its New York initial public offering despite regulatory concerns over the security of its data. While regulators stopped short of a ban on IPOs by companies using the so-called Variable Interest Entities (VIE) structure, the new rules would make the process more difficult and costly.
The requirements apply to new share listings and won’t affect the foreign ownership of companies already listed overseas, according to the nation’s economic planning agency. The move comes days after the China Securities Regulatory Commission proposed on Friday that all Chinese companies seeking IPOs and additional share sales abroad would have to register with the securities regulator. Any company whose listing could pose a national security threat would be banned from proceeding.
$BABA-SW(09988.HK)$
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This month, a disappointing earnings release re-initiated the selloff in Alibaba Group (BABA) stock. Revenue was just barely off analyst estimates, while earnings missed by a wide margin. The release showed that BABA's tax rate had increased to 25% and its revenue growth had slowed to 29%. The numbers were disappointing but not devastating to the long term thesis on BABA. Enough revenue growth can absorb the impact of increased costs, but BABA's costs - especially taxes - increased more than many had anticipated in Q2. The tax burden alone was nearly a billion dollars, and the company rolled increasing amounts of money into its still-unprofitable non-core businesses. It will take some time for BABA to walk off these higher costs.
BABA stock remains risky. Between fines, new regulations and economic tension between China and US, there are many risk factors for investors to be aware of. Just recently, BABA and a few of its competitors got slapped with another round of $78,000 fines - this time for not reporting transactions. The amount of money in this case was negligible, but the event showed that Chinese internet companies still face a lot of scrutiny from the Chinese Communist Party ("CCP").
Here is a round up of what happened to BABA throughout this year
- A $2.8 billion fine for preventing merchants from selling on other platforms
- A series of $75000 fines for ïmproper acquisition
- Another series of $78000 fines for failing to report old deals
- Bans on exclusive contract
- Mandatory sharing of content between companies
- Mandaotry sharing of payment services
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China's market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying that they violated anti-monopoly legislation. China has been tightening its grip on internet platforms, reversing a once laissez-faire approach, and citing the risk of abusing market power to stifle competition, misuse of consumers’ data and violation of consumer rights.
- The earliest deal listed was a 2012 acquisition involving Baidu and a partner, and the most recent was the 2021 agreement between Baidu and Chinese automaker Zhejiang Geely Holdings to create a new-energy vehicle company.
- Other deals cited by the State Administration of Market Supervision included Alibaba's 2014 acquisition of Chinese digital mapping and navigation firm AutoNavi and its 2018 purchase of a 44% stake in Ele.me to become the food delivery service's largest shareholder
The deals, however, did not have the effect of eliminating or restricting competition. As regulators continue to pressure tech giants with anti – monopoly fines, be wary of investing in China tech stocks as volatility may continue to plague the market.
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$BABA-SW(09988.HK)$
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Shares in Alibaba plummeted in Hong Kong after the E commerce giant warned of slower growth this year amid China’s weakening economy and Beijing’s ongoing tech support. Alibaba dropped 10.3% Friday in Hong Kong, the steepest decline since its debut in November 2019. That drop has wiped out 314 billion Hong Kong dollars in market value for the company.
The plunge dragged on Hong Kong's benchmark Hang Seng Index, which tumbled nearly 2%. On Thursday, Alibaba’s New York listed shares slide 11%, after it reported disappointing sales and earnings for the third quarter and warned that results for this year will be below estimate. Alibaba's sales grew 29% last quarter from a year ago, to $31.1 billion. Wall Street was expecting a revenue of $32.1 billion. Earnings per share fell 38% from a year ago and were below expectations. Alibaba cited a "regulatory environment that affect Alibaba's business operations" and "privacy and data protection regulations and concerns" as some of the uncertainties it was facing.
- In April, regulators slapped a record of $2.8 billion fine on Alibaba, accusing it behaving like a monopoly.
- Last November, Beijing yanked the IPO for Alibaba's Ant Group affiliate, which owns payment app giant Alipay. In the year that followed, the Chinese government's regulatory might has changed industries ranging from tech and finance to gaming, entertainment, and private education.
$BABA-SW(09988.HK)$
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