Chinese stocks like e-commerce great Alibaba (BABA) looked great to investors for quite a while. BABA had a massive market to pursue and at least some government support to help if things turned sour. Then, the very real potential of delisting emerged. That left overseas investors like those in the U.S. skittish about further investment. However, recent developments gave Chinese stocks new life in trading on Monday thanks to a potential move that could defuse the risk. I'm staying neutral on Alibaba in the meantime, as too many potential headwinds have emerged to make me particularly interested, even if one of those headwinds may be blunted.
https://www.tipranks.com/news/article/alibaba-recovers-as-delisting-fears-look-less-likely?utm_source=advfn.com&utm_medium=referral