U.S. Senator Casey Has Alibaba Structure Concerns

What is the main concern of regulators regarding the VIE structure?

• It poses risks that may not be mitigated by improved disclosures.

• It is not widely used by Chinese companies.

• It provides too much transparency.

• It is too complex for investors to understand.

How does the VIE structure benefit foreign shareholders?

• It provides them with voting rights in Chinese companies.

• It enables them to invest in a Cayman Island vehicle and profit.

• It allows them to have direct ownership of Chinese companies.

• It guarantees them a fixed return on investment.

What is the SEC's current stance on VIE offerings?

• The SEC has publicly cleared all VIE offerings.

• The SEC has banned VIE structures entirely.

• The SEC has indicated it will block all VIE offerings.

• The SEC has not publicly cleared the offerings but hasn't indicated it will block them.

What is the New York Stock Exchange's key message regarding Alibaba's debut?

• It will be a chaotic event.

• It will be a smooth process.

• It will be canceled due to technical issues.

• It will be delayed indefinitely.

What is significant about the day of Alibaba's debut on the NYSE?

• It is a public holiday.

• It is the first time a Chinese company is listed on the NYSE.

• It is known as quadruple witching day, with increased market volatility.

• It is the anniversary of the NYSE.