Watch Out Alibaba Stock Bears [Big News]

Alibaba Stock had some Big News this weekend where we got clarity on delisting fears as well as a management change in Alibaba. BABA is changing CFO's to someone who has previously worked at PwC, which is one of the 4 major accounting firms in the world, and this adds credibility to BABA Stock financials and valuation. Chinese regulators also clarified their stance on BABA Stock Delisting and these 2 pieces of news has contributed in a monster 10%+ rally in BABA Stock today.

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