SEC Probing Alibaba on Cainiao-Related Accounting

The video discusses Alibaba's challenges with the SEC due to limited access to its accounting records in China. It highlights concerns about Alibaba's reported sales figures, particularly during Singles Day, and questions about its financial consolidation practices. The video also explores the complexities of Alibaba's corporate structure, including variable interest entities, and the risks associated with investing in Chinese companies. The SEC's role and limitations in investigating these companies are also examined.

What does the term 'funky structure' refer to in the context of Alibaba's corporate setup?

Discuss the significance of transparency in financial reporting for companies like Alibaba.