[roguetrader]

I rather they get delisted so investors don't have this overhang of worry.

The listing maters less and less as more than half of the stock has been transferred to HKSE already.

The last time all the fears surrounding the listing issue already  abuse the stock to plunge to i80cts. This was followed by a massive 50% gain then 35% selloff to current level.

All these doom gloom and sentiment driven activity has little to do with its long term business.

The business is not doing great due to Chjna economy weakening but the stocks is also very cheap to reflect this.

The simple analysis for Alibaba is this
1. It has 30HKD I'm cash per share.
2. It's non China e commerce business is growing while china e commerce is stagnant.
3. It's cloud and financial business have potential but hampered by govt actions.

The underlying business js not as exciting as the stock. No that much is actually happening as the stock roller coaster up and down.

Same with many other China Tech stocks.

If you buy you should mentally prepare yourself not be be affected by stock movement nor draw conclusions from the stock movement. It js best not to check the stock movement as it will lead to wrong decisions and false conclusions.

Most important thing is don't use stock movements to make conclusions on the long term prospects of the company. ..especially for China Tech stocks.

Bro, need to cut my positions? Thanks