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#1
03-05-2022, 02:50 PM
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HAHAHAHA Alibaba recovers after report on 'Ma' briefly erased US$26b
An honorable member of the Coffee Shop Has Just Posted the Following:
A BRIEF bout of concern about the status of Alibaba Group Holding co-founder Jack Ma triggered wild swings in shares of the e-commerce company on Tuesday (May 3), underscoring continued investor anxiety toward China’s tech sector after a year-long crackdown. Alibaba plunged as much as 9.4 per cent in Hong Kong, erasing about US$26 billion of market value, after state broadcaster CCTV reported that authorities in the company’s home base of Hangzhou had imposed curbs on an individual... Read more Click here to view the whole thread at www.sammyboy.com. 
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