How To Deal With The Global Stock Market Crash?

In June this year, Ali warned analysts that the lottery.

Banned, small and micro financial services to the ant gold clothing group, as well as the reduction of Juhuasuan platform charges, will have an impact on the quarter's revenue.

According to the group's CFO Wu Wei's conference call on analysts, if the impact is eliminated, the company's revenue should grow by about 36% in the current quarter.

At the end of last week, Alibaba's stock closed at $68.18, which is already close to the red line of issue price.

Last Thursday, Twitter also fell below the 2013 issue price at NASDAQ IPO.

If Alibaba and the technology stocks, which are unable to get stable revenues and continue to be weak, continue to take the same road, they will undoubtedly embarrass the dealers and investment banks who have been trying to grab Ali stock.

In the past two weeks, Alibaba has received a lot of bad news.

Perhaps the most serious one is Soros, who also bought shares at the beginning of the year, and is now selling Ali.

According to the Soros Family Fund released in August 15th

In the past three months, the Alibaba's stock holdings have dropped from 4 million 390 thousand shares to 59 thousand and 300 shares, with a reduction of 98.7%.

Another report released in early May showed that ThirdPoint and Paulson Paulson&Co., the hedge fund king, had also polished Ali shares in the first quarter of this year.

Three days before the announcement, the company has just delivered a quarterly report that disappointed investors: revenue grew by 28% compared with the same period last year, and China's retail business grew by 34%. These two key indicators were lower than the average forecast of previous analysts, and the slowest growth in three years.

In announces the two quarter, Ali also proposed a $4 billion stock Buyback program, funded by Chairman Ma Yun and vice chairman Cai Chongxin.

Such remedial measures have a stabilizing effect on the company's share price theoretically, but the disappointment of Wall Street may be more serious than that of the two of them.

In August 12th, Alibaba's stock price dropped to $71.03, which is close to the $68 issue price proposed by the company at IPO last year.

In fact, the opening price of Alibaba listed on the first day was as high as 93.89 dollars, and the first day of opening was up nearly 40%.

If will

Compared with last November's close to 120 U.S. dollars last year, the stock price of Alibaba has fallen by nearly 40%.

This decline far exceeded the Dow Jones index or the S & P index's decline in the same period. At present, the heavily hedge fund and mutual fund of Ali are losing money.

When IPO visited the US last year, Alibaba executives told international investors that the company's future success will depend on three factors: the growth of China's Internet users, the prosperity of online shopping and the rapid growth of China's economy.

But now, these factors are facing challenges to varying degrees.