The Chinese government could jeopardize trading on the Asian markets as we know it… and there’s nothing investors can do about it. If you haven’t heard the shocking news yet surrounding the Didi stock IPO, then you’re in for a bitter pill. Just days after Didi Global — the Chinese version of Uber — went live with an IPO, Chinese regulators demanded the company’s app be removed from all mobile stores in China.
This means that new or old users will not be able to download/use the app anymore.
This move from the Chinese government came late Friday, July 2 — a few days after Didi’s $4.4 billion listing on the New York Stock Exchange — and definitely feels like a kick in the face to Chinese and American investors alike.
Traders that couldn’t buy or sell the stock on Monday, due to the holiday, reacted to the news on Tuesday… and things got ugly. Didi stock fell as much as 25% after the Cyberspace Administration of China (CAC) began an investigation into the ride-hailing company for how it handles customer information.
The CAC also announced it would launch more cybersecurity investigations into other Chinese firms whose parent companies have listed shares in America.
And when Joy of the Trade Head Trader Jeff Zananiri saw the Chinese government make this move, he saw it for what it was: They don’t want money leaving the country and going into America.
And that’s extremely dangerous for the future of IPOs.
If you want to talk about buyer’s remorse, then this stock is the perfect example. Jeff can’t imagine being an investor and buying into this IPO only to have one of the most powerful regions in the world pull the rug out from under you.
These investors lost almost 30% of their investments three days after getting into DiDi Global Inc. – ADR (NYSE: DIDI).
And he doesn’t think investors understand how big of a geopolitical problem this actually is.
We used to worry about the Soviet Union and terrorism. Now, we have to worry about the Chinese government messing with Western capitalist systems and markets. Who’s to say that their next move isn’t to ban U.S. companies from doing any type of business in China?
To put it plainly, they’re effing with our money. That’s something Jeff won’t stand for, and neither should investors.
Which is exactly why he’s giving away his current Money Link pairs trade, which should help the investors struggling from the botched Didi stock IPO disaster.
There are trillions of dollars moving out of the Asian markets right now, and there are only a few places it can realistically go…
And he might have landed on a gold mine.
Check out our short video below to learn more about the Didi stock IPO and Jeff’s Money Link trade.
Also be sure to share your thoughts in the comments section below.
P.S. There’s finally a way to tell exactly when a stock might explode…
That means we no longer need to spend hours upon hours staring at charts and researching stocks.
All we have to do is wait for a stock to cross this simple line… place a quick trade… then come back and cash out!
I call this “the Sniper Line…”
And knowing which stock is about to cross it could put everyday traders in front of Wall Street’s biggest explosions.