SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (66904)3/17/2021 4:43:00 PM
From: Madharry  Respond to of 78957
 
I do not live in china so I am just speculating but I see this is as a molehill. I suspect that this is a temporary measure and that if people want they have alternative ways of downloading the app anyway and this does not affect the hundreds of millions of users who have already dowloaded the app. I could be wrong but I dont see investing in China like investing in Russia where Putin can just expropriate whatever asset he feels like.
I think the Chinese leadership recognizes that deep down some of these large techno oriented companies like BABA are so much more efficient than anything State enterprises can put together so they improve the welfare of the population a great deal. They are mostly concerned about the political influence these companies can potentially wield .just my two cents. BWDIK i sit here lamenting the fact that i sold out of VIAC around $30.