is an idiot after his theft of Alipay from Alibaba. Yes, I know he claims that he just had to move ownership of that multibillion dollar asset from Alibaba to his own name because the government supposedly doesnt want foreign ownership of financials (which is not entirely clear). But tell me again why he kept this misappropriation a secret from Alibaba's board and investors? And why he didnt pay for Alipay?
The guy is a first rate crook. This is going to end very badly.
is an idiot after his theft of Alipay from Alibaba. Yes, I know he claims that he just had to move ownership of that multibillion dollar asset from Alibaba to his own name because the government supposedly doesnt want foreign ownership of financials (which is not entirely clear). But tell me again why he kept this misappropriation a secret from Alibaba's board and investors? And why he didnt pay for Alipay?
The guy is a first rate crook. This is going to end very badly.
You can probably safely extend those sentiments to 90% of Chinese based companies.
very excited to see what BBI's econ brass thinks about this
It sure looks like an enticing offer for those who invest. I have to imagine that over the next 5 years, the Chinese will see more and more internet usage.
If you buy BABA, you're buying interest in a variable investment entity that has a contractual share of profit, not actual ownership in Alibaba or its assets. Add Chinese earnings quality and BABA is the investment equivalent of a hot naked woman that you strongly suspect has herpes.
If you buy BABA, you're buying interest in a variable investment entity that has a contractual share of profit, not actual ownership in Alibaba or its assets. Add Chinese earnings quality and BABA is the investment equivalent of a hot naked woman that you strongly suspect has herpes.
Sounds like a later, uncertain, negative. Weakest of them all. Naked chick is getting smashed.
The guy is a first rate crook. This is going to end very badly.
The guy is a first rate crook. This is going to end very badly.
You can probably safely extend those sentiments to 90% of Chinese based companies.
Sounds like a later, uncertain, negative. Weakest of them all. Naked chick is getting smashed.