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Chinese stocks face delisting, should we sell it even at loss.?
https://www.wsj.com/articles/sec-adds-alibaba-to-list-of-chinese-companies-facing-delisting-11659130698
I was looking to buy some BABA for my small trading account, but maybe I'll just buy some call options instead. Like said above, if there's any serious conflict between the us and chyna, ADRs and the like will totally crash. I think long term BABA the company will be worth a lot more if they can get past the chyna lockdowns and tech scrutiny, but an American could easily lose all their money on the path there.
If pelosi does goto taiwan... I think chyna will retaliate in some non-trivial way. They know we dont want war right now due to russia, and I think that advantage is part of the reason theyre standing so strongly on taiwan - they want to take advantage of the situation. But I suppose we want to go there to make a stand and delay chynas absorption of taiwan, which would screw us badly via the chip supply. We need to hurry and mitigate our dependence.
I had shares in SBER and YNDX, but Biden has confiscated them and put them in "an escrow account" with no clear indication of when or if I get them back.
https://www.wsj.com/articles/sec-adds-alibaba-to-list-of-chinese-companies-facing-delisting-11659130698