Its very obvious good news bad news dont matter anymore. Investors just want to sell china to buy AI and Semi in US and Korea. China AI and Robot startups waiting to IPO so they can dump their shares and take the money. That doesn’t help either.
CCP wont do shit because they dont care about shareholders. They care about technology and control.
Im trimming my position soon
Selling BABA day in and day out. US market pull it up, HK strikes it down. US market bring it up, HK strikes it down again. Never ending cycle with these Chinese investors man. Endless IPOs only want to suck up liquidity and gamble. Nobody makes money. China stock market is not mature and it shows
How is it that its very consistently going down at the same rate. Some whales unloading for sure
Make it make sense. Positive days are not the buyers its shorts covering. SMH. Its always “wait 5 years they will print money” with this stock.
You should short BABA so it can go up
There is no other explanation
Baba cant catch a break. Death by thousands cuts
So seems like everyone from the US got some kind of deal. chips, oil, soy, aircrafts and who knows who got what behind closed doors.
What did China get? Taiwan mine?? Thats it?
Because it goes right back to where it started the previous week and goes down even more!!