People in Mainland China (not all Chinese) won't pay for watching movies and TV series. They watch them free in China and they need Chinese subtitle. I am long; hate to say that but it's a fact.
Do yourself and others a favor: go to Yahoo finance, compare YHOO and BABA in one year frame and see which one bid the other. Please behave like a grown up!
Exactly, while DOW was 1000 points higher, DDD has been falling almost every single day!
Hong Kong and Mainland China are down huge.
He just made that up to draw attention and entertain you. I saw that all the time when a stock plunged AH or PM.
I agreed. People paying 600+ iPhone don't care about the $13.
Did I miss anything? It's BABA investing in Suning, not Suning investing in BABA. BABA spent $4.5 billions for a 20 percent stake in Suning.