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ALIBABA IPO - 9988 HK

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  1. #21

    Join Date
    Nov 2019
    Posts
    127
    Quote Originally Posted by nivantj
    "Interestingly, Alibaba’s Net Income for the quarter was $9.898 Billion, so if we subtract out the “one time” $9.7 Billion bookkeeping “gain” we see that Alibaba is actually just barely breaking even. "

    Wow. Generally that kind of "aggressive" bookkeeping means there is a lot of things wrong at the management level, especially as the deal is shady as hell to start with. Stay away at all cost.

  2. #22

    Join Date
    May 2018
    Location
    Hong Kong
    Posts
    49

    I was allocated 200 shares out of 800 I wanted .just received an sms from hsbc.

    LifeInHK and traineeinvestor like this.

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