[The_Media_never_lie]

This article could signal a bottom is forming in Chinese stocks. Or, it could signal nothing of the sort. Caveat Emptor!

[E. Pluribus Unum]

Where is Jack Ma?

[TangoLimaSierra]

uninvestable

[PIF]

According to Chairman Xi, all corporations in China, deemed essential to national security, will be run by the Party.

This will leave about 30-35% of all business operating as usual, but under a watchful Party eye - in case any of them become too popular or the CEOs too influential or too wealthy; should any of those occur, those companies will be taken to be over and run by the Party and the CEOs hauled off.

All Chinese corporations will now with be directly controlled by the Party and profits go to the Party. All foreign investors will, in effect, be directly supporting the CCP, which at any time can dissolve the company and their investments overnight - literally.

[wbarmy]

The money is moving out of China because of some really bad endemic issues, so our stock market is being buoyed. Not only is this American investors, but a lot of Chinese money is coming across also. Mainly their rich are looking for an exit strategy when the SHTF. Here in the USA we talk about SHTF, but they are looking at the wrong end of a pistol when it happens there.

[wbarmy]

It’s unclear what level of restructuring the companies should undergo with a new regime

Is this willful self-deception? Since when has this been a "new regime"? Or is that their excuse to cover over how badly investors misread the CCP?

[sitetest]

I’ve always stayed far, far away from Chinese “equities.”

[bert]

Then there’s this.....

“A Chinese company that launched a $2.8 billion government-backed semiconductor project four years ago is going bankrupt after it failed to attract investors, even as China tries to become self-sufficient in computer chips.

Tacoma Semiconductor Technology was ordered by Nanjing Intermediate People’s Court of Jiangsu Province to undergo compulsory liquidation and bankruptcy, according to a national enterprise bankruptcy information website run by the Supreme People’s Court.”

There was a great effort to develop chip manufacturing. Companies were established and now are failing because they can’t produce the needed products.

[minnesota_bound]

Founder Jack Ma lost his $548+ billion business in China.
He has zero shares in Alibaba. He use to have 1 billion shares.
He spoke out on the communists. This was their response.