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Stock prices of Alibaba Group Holding Limited (9988.HK) continues to drop… What should I do?
By A Pen Quotes  •  March 28, 2021
First of all this post is really my own thoughts and my own situation, and it might or might not relate to you. To set the context: I first invested in Alibaba near the end of 2020 after reading up more on it. Which is also in the context of:
a) The failed Ant IPO; b)The State Administration for Market Regulation (SAMR) said in an online statement in Dec 202 that it had launched a probe into the “choosing one from two” practice under which merchants are required to sign exclusive cooperation pacts preventing them from offering products on rival platforms. At that period there were queries circulating in the media questioning about the whereabouts of Jack Ma as well. The sudden disappearance of the normally outspoken Jack Ma was linked to intense speculation about the escalating scrutiny over his internet empire by the Chinese authorities. It was only in...
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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