Alibaba Stock Climbs Ahead of Earnings on Strong U.S. App Growth
New Consumer models and formats are emerging! Gao Lixin, President of Jinpuhua Investment, praises "Taobao Flash Sale".
On May 3rd, local time in the USA, Gao Lixin, founding partner and president of Shanghai Jinpu Investment Management Co., Ltd., stated at the 10th Buffett Shareholder Meeting hosted by Sina Finance, during the cocktail party for Sino-American investors, that the continuous rise in investment risks, in addition to market and industry risks, faces many more risk factors, including policy risk, geopolitical policy risk, and Exchange Rates risk. The interconnection and mutual influence of these risk factors increase the overall risk difficulty of the investment portfolio. He pointed out that at the same time, trade frictions, tariff policies, and others also affect the supply of raw materials, product sales, and the stability of the supply chain.
More trouble? Reports say that American lawmakers urge the SEC to delist Alibaba (BABA.US) and other Chinese concept stocks.
According to reports, two Republican lawmakers urged the USA Securities and Exchange Commission (SEC) to delist Chinese companies including Alibaba.
Express News | 'US Lawmakers Urge SEC to Delist Alibaba and Chinese Companies'- Financial Times
Express News | US Lawmakers Targets Also Include Search Engine Baidu, Online Retail Platform JD.com and the Popular Social Media Platform Weibo-FT
Alibaba Options Spot-On: On May 2nd, 266.24K Contracts Were Traded, With 2.52 Million Open Interest
