Alibaba

[AQ.]

So far, the main event that really left a huge impression on me was the ability of the CCP to declare an entire industry not-for-profit overnight. That has an impact on valuation for investing into any sector in China (at least for me). 

Why did CCP do it?
a. In a way it is right cos these are unnecessary obstacles for childbirth and also children mental health
b. but some kids prob need tuition and it is not clear commercially driven ones do not do the job. I find the move rather excessive and scary.
c. is this move really for social benefits or is it to teach the industry a lesson?
d. Or is this really targetting certain people? 

Other than that:
1. Fines for antimonopoly for Ali
2. Meituan potential min wage
3. Tencent anti-exclusivity
4. Didi user data 
5. Stopping Ant listing

etc

did not really surprise me cos...it was clear these guys are getting too big and too powerful. One risk for Tencent is the risk of the gaming industry -  the obsession/addiction of the youth over gaming is real.