3 ms·
yeah, I wonder if they do it b/c: 1. the og investors cashed out. leaving retail holding the bag. 2. they buy the stock at a discount
by itake 5y ago
yeah, I wonder if they do it b/c:
1. the og investors cashed out. leaving retail holding the bag.
2. they buy the stock at a discount
- paganel 5y agoDon't think the Chinese government cares about purchasing any Chinese company's stock at a discount, if the need arises they can of course nationalise it almost on the spot.
- atatatat 5y agoChinese government individuals may, especially lower tier ones.
- deleted 5y ago[deleted]
- elliekelly 5y agoI think they do it because information (and control over that information) is more valuable to them in the long run than whatever economic/financial gains they might sacrifice.
- itake 5y agoThey could of added the regulation at a slower pace instead of pulling the plug on everyone.