1. Does the absence of an actual controller of Alipay indicate that Alipay Huabei has borrowed and no one has to collect debts?Fantasy has an app to borrow money without using it, and it can be used as a big wallet.
Since Alipay has no actual controller, is WeChat also fast?According to the People's Bank of China's official website (as of December 2023), the central bank issued the Bank Permit Decision [2023] No. 189, agreeing to the change of Alipay (China) network technology*** to no actual controller. 
2. The historical delisting rate of the A-share Shanghai and Shenzhen exchanges is only 03% and 01%。Since 2021, the number of delistings has increased, with 19 delistings. In 2022, 428 new companies will be added and 42 will be delisted, which is the highest number in the past year. Since 2023, it has reached 44, and the pace has accelerated.
Between 1980 and 2017, the total number of listed and delisted companies in the United States reached 26,505. Excluding 6,898 companies whose status of existence could not be determined, 19,607 was included in the overall analysis. Among them, 5,424 companies are still listed, accounting for 28%;14,183 companies were delisted, accounting for 72%. The peak of delisting on both exchanges was in the fourth year after listing. Mergers and acquisitions, financial problems and low stock prices are the top three reasons. 56% were delisted due to mergers and acquisitions, 15% were delisted due to financial problems, and 9% were delisted due to low stock prices. In 2022, 339 companies will be delisted, and 419 will be listed that year.
3. Commit crimes against the wind and short yourself!Huijishan: Shareholders holding more than 5% of the shares plan to participate in the refinancing and lending business!
Hey, listed companies lend their own ** to short themselves. For such a company, all the best should stay away, let his value return to zero, delist naturally, and be able to work togetherThe rationality of a unilateral long market, but allowing a few people to go short, is worth discussing.
Fourth, brokerage China: A-shares have finally stabilized?The overall valuation is already 17% lower than 1664 points, and greed should prevail over fear.
At the end of 2023, A-shares closed with a dynamic price-to-earnings ratio of 1109 times, which is 17% lower than the overall valuation of the Shanghai Composite Index at 1664 points on February 16, 2008. Every super bear market means that a bull market is on its heels.
In the 33-year era of our A-share emerging markets, the U.S. stock market opened an unprecedented 20-year super bull market at the end of the 80s.
If it is said that the low valuation and low P/E ratio are actually basically the same topic at the end of last year and the end of this year, and the same is lower than 1664 points, because ** is still expected, the same low P/E ratio last year can still fall from the beginning of the year to the end of the year this year, which is the expectation for the future.