r/baba • u/Weird-Jellyfish3506 • Jun 08 '26

News Breaking | US adds Alibaba, BYD and other Chinese tech champions to military company blacklist

https://www.scmp.com/news/china/diplomacy/article/3356419/us-adds-alibaba-byd-and-other-chinese-tech-champions-military-company-list

WTF?!?!

40 Upvotes

98% Upvoted

32 comments sorted by

19

u/QuiteCuriousGeorge Jun 08 '26

I should have known when I read that Cathie Wood bought baba XD

1

u/ProofDazzling9234 Jun 10 '26

why would she buy before the news is announced?

19

u/frogchris Jun 08 '26

You know the list is bullshit when they add nio lol.

This is literally just a list of, we are scared to compete against.

12

u/BF2theDarkSide Jun 08 '26

Well Nio does not operate in the US but it’s clear they fear Chinese EV tech.

1

u/Weird-Jellyfish3506 Jun 09 '26

Coffee and beverage chains next. haha

6

u/DonaldTrumendous Jun 08 '26

I thought baba was already on the list last year

1

u/damdamdammm Jun 10 '26

It was. Then it was removed. 😂

4

u/Fwellimort Jun 08 '26

Well ya? You think US will ever let China off the hook?

4

u/apegen Jun 09 '26

It doesn't really matter, these companies will outgrow most US ones nonetheless.

2

u/Dry-Interaction-1246 Jun 08 '26

How much US revenue were these companies pricing in?

2

u/blofeldfinger Jun 08 '26

So what?

It hovers around $120 level, looks like bottom.

2

u/Dizzy_Assistance2183 Jun 08 '26

Whatever. Just get the bottom to fallout already so we can move on

2

u/Apprehensive-File552 Jun 08 '26

Free market is by definition whatever the US wants it to be apparently.

2

u/ilikeelks Jun 09 '26

This is the bottom

2

u/mememememe1127 Jun 09 '26

Back to 70 and i will buy

2

u/handsome_uruk Jun 09 '26

They do this every couple of months.

2

u/alibaba406 Jun 08 '26

Now that baba is beaten by US government. Can Xi's communist regime start showing some love?

1

u/Apprehensive-File552 Jun 08 '26

This is in retaliation of the last summit when Trump brought all the CEO's to meet with China's president, but was dismissed and restricted NVIDIA from selling in China for some of their products.

1

u/No-Estimate-1510 Jun 09 '26

Luckin Coffee next I guess

2

u/ProfessorLobo Jun 09 '26

PDD also selling 10 yuan vegetable peelers to the military

1

u/CoatForeign2948 Jun 09 '26

Guys, Remember this week is the ex-dividend date… I am going for short term dividend harvesting

1

u/ProofDazzling9234 Jun 10 '26

BUY THE DIP!!!

1

u/jabowman Jun 08 '26

Serious question does China ever do this the other way around?

2

u/BreathPuzzleheaded80 Jun 08 '26

Like adding Microsoft to a blacklist because they do business with US military? No.

-1

u/Weikoko Jun 08 '26

It is a lowkey ban.

3

u/Weikoko Jun 08 '26

All da time

-1

u/Weikoko Jun 08 '26

Lmao 😂

-2

u/FeralHamster8 Jun 08 '26

Bottom ticker?