CHINA AND US REACH AUDIT AGREEMENT TO AVOID DELISTING

This news from the PCOAB is absolutely huge and will be a trigger for a massive rally in Chinese stocks like BABA, which are still 50% well below their ATH and dirt cheap due to intrinsic value. This was one of the major concerns causing a huge fall in value of Chinese based companies. I think a stock like BABA has an opportunity for a short like squeeze has it a fairly high ‘short %’ with very good headlines in place

https://www.reuters.com/markets/asia/china-asks-firms-auditors-prepare-us-checks-hong-kong-sources-2022-08-26/