- Mainland investors continued to lap up the "discounted" shares that Americans were forced to sell due to the executive order.
- Buying enthusiasm improved further after the Trump administration shelved plans for an investment ban on the Chinese internet giants.
- Rumors sprouted out claiming Jack Ma was spotted in Hong Kong, "re-surfacing" after weeks of disappearance from public view.
- I caution readers to not jump the gun into making changes to their Alibaba investments on unverified information.
- Pinduoduo found itself in one bad press after another recently.
For further details see:
Alibaba: Beware Of Rumors - Even From The Longs