No Hypocrisy In Mark Cuban Investing In Alibaba And Saying They Shouldn't List in US
Alibaba investor and U.S. billionaire Mark Cuban, speaking like a hedge fund manager who understands the various logical risk management paths in investing, said yesterday that Alibaba Group Holding Ltd (NYSE:BABA) should not have been allowed to list its initial public offering in the United States on the New York Stock Exchange. “If (a company) is hosted and based in a communist country, where the only rule of law is what the communist party says it is, how can you enforce any type of law at all,” Cuban said in a CNBC interview. This issue of legal jurisprudence should be...
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