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TCTZF - Mega Blow From The White House; Alibaba's Big Moves
Tencent Holdings Ltd.
By ALT Perspective
This week's issue of the Chinese Internet Weekly was supposed to be focused on the numerous major technological developments and corporate actions by the big names we are familiar with - Alibaba Group (BABA), Pinduoduo (PDD), Baidu (BIDU) and Ctrip.com (CTRP). I was very excited to hear the news and was so eager to share them with you.
Unfortunately, the enthusiasm was dampened by the breaking news from Bloomberg which reported that officials from the White House are considering limits on U.S. portfolio flows