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The Chinese Government Is Keeping the Fingers Off the Internet Companies
Alibob was taking on two 38 at the time of the prediction. By the end of the year it was below a hundred and 20 dollars. So this is a geopolitical bet. It's a bet on whether the government wants to rap the knuckles of its internet giants or cut their fingers off. The chinese brand, if you will, around internect companies has waned.