Is an Alibaba delisting possible? Alibaba Stock fell today from the news that Dow Jones reported that US officials are now considering barring Americans from investing in the stock of Alibaba and Tencent. This comes after the NYSE reversed itself and said it will move forward with the delisting of Chinese telecom stocks. What would happen to BABA stock if they moved forward with an Alibaba delisting? Alibaba stock has crashed recently because of their problems with the Chinese government and the fear that the Alibaba founder Jack Ma is missing. Adding to the bad news is that the Alipay app was banned in the US. Now Trump is rumored to add an Alibaba delisting order to the Alibaba bad news. If Alibaba and Tencent are banned from trading in the US stock market, what will happen to stock holders? Will all the negative Alibaba stock news, is Alibaba a buy or sell?
To stay informed on the Alibaba delisting, check out my playlists @financially aware
To stay informed on the Alibaba delisting, check out my playlists @financially aware
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