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An updated version of the IPO prospectus states that the offering will be open to qualified foreign investors (QFIs) and investors within Saudi Arabia, according to Al Arabiya TV.

And the reality is, it’s always balanced with the fact that people buy a lot of stuff from them, because they generally deliver on time. There’s an expectation, and they generally meet it. They will no doubt point to all the surveys that show how much people trust them. So it’s this dichotomy that they hold in the balance, pretty much all the time.

And like Ma, who got turned down many times by potential employers before he started Alibaba, Ngetich believed his star too will shine one day.

Analysts attributed the PPI drop to a persistent slump in global commodity prices as well as a sluggish recovery in demand. The latter factor could intensify as the downward pressure on exports caused by the COVID-19 pandemic is on the rise.

Analysts from Beijing-based Pacific Securities wrote in a note that there is limited room for A shares to hit record lows of the kind witnessed in June 2013 and January 2016.