The SEC has added Alibaba to its list of Chinese companies that will be delisted in 2024 in a move that in my opinion is really just part of a negotiation that will end up with Chinese companies staying listed in the USA should they so desire. Nonetheless, Alibaba’s share price has tanked again on the news in a stark reminder of just how fragile sentiment towards Chinese companies is and how much more work the Chinese state has to do to rebuild trust with investors. In my opinion, this list was created by the SEC for the sole purpose…
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