Water Skin: Ali'S Trouble Is Still Behind.

4.36%, this is the second largest drop in Alibaba's listing since the NYSE in January 28th. On the day of January 28th, Ali opened a low price of 2 dollars, closing down 4.49 US dollars, not only once again below the 100 dollar mark, but also the market value of evaporation was as high as 11 billion 100 million US dollars. At the same time, more than 170 stocks listed in the United States dropped nearly 100.

This is not a small trouble. This is the case for Liu Hongliang, director of the Internet Supervision Department of the General Administration of industry and commerce. This is a big trouble. This is true for Alibaba chairman Ma Yunlai.

The problem is not

Although 99% of the discussions will focus on this issue, the issue is not the white paper hanging out on the website of the General Administration of industry and commerce. Whether this thing can be used in the name of the white paper is not important. What is important is that the meeting minutes showed that there was such an administrative guidance meeting in July 2014. The administrative guidance working group of the head of the Internet Supervision Department of the General Administration of industry and Commerce in Beijing, Jiangsu, Shandong, Guangdong, Fujian and the Bureau of Commerce and Industry Administration of the industry and Commerce Bureau is the head of the general administration. The aim is to urge Alibaba to face up to and solve the illegal business problems that exist on the Internet trading platform of Ali for a long time.

In July 16th, the Administrative Guidance Group joined the Zhejiang industry and Commerce Bureau and the Hangzhou industry and Commerce Bureau to convene a symposium at the industrial and commercial bureau of Zhejiang Province.

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According to the white paper, in order not to affect the listing process of Ali, the symposium was held in an internal closed form. In view of the current regulatory situation, all the knowledge of corridor Qing was released.

　　2014年7月的这么一个重要的会议真相在半年之后才披露，而且是因为阿里店小二任意逼宫才无可奈何，不管原因是恩将仇报还是自相残杀，你让我们这些投资者情何以堪?工商局你是国家利益的看门狗，你有什么义务为一个外资公司的上市保驾护航?查处阿里平台的假货天经地义的事为什么搞得偷偷摸摸见不得人?难道真如工商小编所称"你们和阿里是队友"?监管不对消费者公开，监管的目的意义何在?阿里店小二可以质疑到司长情绪执法，我们是不是可以质疑工商选择性执法养痈遗患?这份迟到的白皮书算不算重大信息，如果算，现在才公布是不是构成隐瞒?如果不是，那么为什么现在公布且在公布之后又作大量删改替换?阿里是不是认为类似问题习以为常不需向投资者交待，这种闭门会议的合法性经得起推敲吗?如此，阿里的上市是否涉嫌欺诈呢?这恐怕才是事件的要害!

It happens that it is not too late.

The fourth quarter earnings report, although the revenue growth of 40%, but profits fell 28% over the same period last year, such a report is a bolt from the blue for the Wall Street which has been hung up on its appetite. The stock price of Ali has plunged again with no suspense. This time the drop is a record 8.64%. The biggest drop in the intraday market has reached 13.66%. The closing price has already fallen below the opening price of September 22nd when it was 90 dollars, while the sky Jones market has increased 1.3%. The market value of Ali has evaporated another 20 billion dollars in one day, and if it is the highest 125 dollars, it will achieve an astonishing about 60000000000 dollars.

These figures, in the eyes of the richest man, seem to be nothing but paper wealth. They are up and down, big and small irrelevant. But for investors who are going up and down in the market, they may be in their own lives and have made a fortune overnight, so they can not afford to lose their fortunes. Therefore, it is impossible not to be serious. It is impossible not to really hurt you.

The stock market in the United States is no less than that in China, and the SEC is not the China Securities Regulatory Commission. The Commerce Department of the United States is not China's Bureau of industry and commerce. Of course, investors in the United States are not even the Chinese investors who have knocked their teeth out of their stomachs. Besides, there are so many unreasonable three cent lawyers, such as the vulture like short selling agencies. Therefore, Ali's trouble is still behind, not a general trouble, but rather a big trouble.