Positive developments are already beginning to happen: 1) Yesterday, Vice Chairman Xinghai of the China Securities Regulatory Commission (CSRC) moved to calm markets. He did so by meeting with global investment banks (ie Goldman Sachs and others) signaling that IPOs in the US along with their VIE capital structures are not banned. 2) State funds may have been deployed yesterday to support Chinese equities of companies including BABA which the CCP has attacked over recent months. This along with Vice Chair Xinghai's actions seem to be an acknowledgement that its past actions were clumsily done without considering the negative effects on all future inflows of desperately needed foreign cash investments into China. This non-verbal admission of error is better late than never. 3) If China ever wants its digital currency to challenge the USD as a reserve currency (China's long term goal), the CCP must realize their recent non-capitalistic, capricious acts must cease and desist. 4) Ant Group is in talks with state owned enterprises to create a credit scoring company using Ant's consumer data. The consummation of this new JV is expected to be established by Q3 2021. Such a JV with a BABA investee would signal that BABA and Ant (33% owned by BABA) are back on the CCP's good side. 3) The expected formal announcement of a deal between BABA and the Chinese Jiangsu provincial government to buy a stake from the original founder of the $8B Suning conglomerate (one of China's largest retailers of electronics and appliances) .This would signal the CCP's punitive attacks against BABA are in the past. BABA currently already owns 20% of Suning. I say the worse is behind BABA. Confirmation of this would be BABA being added to the "South Connect" trading platform allowing Chinese mainlanders to more easily own its best known world class Chinese company...BABA.notes from user