US lawmakers urge the SEC to delist Alibaba, $BABA, and other Chinese companies trading in the US

(Reuters) – Two Republican lawmakers have urged the U.S. Securities and Exchange Commission to delist Chinese companies, including Alibaba Group, that they say have military links that put U.S. national security at risk, the Financial Times reported on Friday. The chair of the House China committee, John Moolenaar, and the chair of the Senate committee …

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Classic Wall Street — Since Goldman upgraded China to a “BUY,” $BABA has dropped 28% and the Hang Seng index has fallen 18%.

Since the day Goldman upgraded China to BUY:$BABA down -28%Hang Seng index down -18%β€œBUY EVERYTHING!” Tepper in hiding Great job. Truly. Chef’s kiss. πŸ‘ πŸ‘ πŸ‘ pic.twitter.com/hE8l1vMfHg — Wasteland Capital (@ecommerceshares) November 26, 2024 BREAKING 🚨: China Chinese ETFs on track for largest monthly outflow in history pic.twitter.com/zobT1JFGNi — Barchart (@Barchart) November 27, 2024  

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