http://freedomwat.ch/wp-content/uploads/2015/08/ALIBABA-web-master675.jpg
“A year ago, executives of the Chinese e-commerce company Alibaba were preparing a roadshow that paved the way for one of the biggest initial public offerings of stock in history. Since then, the company’s situation has changed drastically. Alibaba is now grappling with an economic slowdown in China, which has been made more volatile by the devaluation this week of the country’s currency. Investors who bought into Alibaba’s growth promise during the roadshow are also more skeptical — and less forgiving of any stumbles, especially as turbulence in China’s stock market spreads to Chinese companies listed in the United States.”
http://www.nytimes.com/2015/08/13/business/international/alibaba-q1-earnings-stock-buyback.html?_r=0
Tip Freedomwat.ch Staff with Bitcoin