January 27, 2015, 7:42 P.M. ET
" China’s eFinance is getting Beijing’s support and can provide a sizable boost to Alibaba and Tencent’s stocks. "
Excerpt - BARRON'S ASIA
Suspicious timing to say the least .
Not to mention Barron's stating [ quite clearly ] , " This document is nothing new. "
BEIJING (AP) — Chinese regulators accused e-commerce giant Alibaba of permitting sales of fake goods and hurting consumers in a report that was withheld until now to avoid disrupting the company's U.S. stock market debut.
[ that was withheld until now to avoid disrupting the company's U.S. stock market debut. ]
"Alibaba hasn't paid enough attention to illegal operations on its platform and hasn't effectively alleviated the situation," said the SAIC in a report, whose public issue was delayed for months to avoid affecting the firm's NYSE listing. "Alibaba faces not only the biggest credibility crisis since its founding, but also casts a negative influence for other e-commerce operators," it said.
Excerpt - USA Today
Does China need Alibaba more than Alibaba needs China? We may be about to find out. The ecommerce company and Chinese regulators are locking horns .
FINANCIAL TIMES - January 29, 2015 9:00 am
Short read [ but interesting ]
The potentially damaging investigation indicates that the company’s size, success and central position in the consumer economy — which China is trying to promote — do not give immunity from regulatory oversight. Alibaba is big, and important, but it is not inviolable. Investors should keep this firmly in mind.
Excerpt - FINANCIAL TIMES
inviolable - [ prohibiting violation; secure from destruction, violence, infringement, or desecration ]
Not a headline I care to see prior to earnings .
TOKYO (Kyodo) -- Highly radioactive rainwater at the crippled Fukushima Daiichi nuclear plant has likely leaked into the Pacific Ocean, Tokyo Electric Power Co. said Tuesday, in the latest of a series of mishaps at the complex.
MAINICHI - 2-26-2015
This “ white paper ” article has been in the news for over a month .
However , I think most of us agree with your , " Is this CORRUPT or what? " statement .
It is , in fact , absolutely corrupt .
" Examples of defamatory statements are virtually limitless . "
" Only an "investment moron" would NOT be in BAC now! "
[ A communication that suggests that an individual suffers from a mental defect ]
" The investigation also covers Herbalife’s marketing practices and is ongoing, said the person familiar with the matter, who asked not to be identified because it isn’t public. "
Excerpt from Barron's