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Shares in firms linked to ant group have been rising today following the news. let's get more on this from our asia business correspondent mariko 0i. this is him further retreating from his business empire. absolutely. from now on, rather thanjack absolutely. from now on, rather than jack ma absolutely. from now on, rather thanjack ma having a majority control, ten people, including himself and other management and staff, will be sharing voting rights so his share will be just over 6%. voting rights so his share will bejust over 6%. it voting rights so his share will be just over 6%. it does n...

Good job and handles his caucus well, the merits of any one member complaining wouldn't be that much of a threat. >> so that's one way to see in this. the other way to see it is that absolutely this group of dissidents can come up with one member at anytime who will, you know, suspend any productive work that the caucus and the chamber is doing and throw it to a vote which will take a long time, and maybe you're right, mccarthy will survive with majority support. but after every iteration of that, he will look even weaker, and the republican party -- and this is, again, the key to me -- will l...

Thing to worry about. but, you know, majority control of the senate, i'm pretty sure it's an american thing to worry about, that people all over the country worry about. what do you think? >> yeah, it's true that i think most americans probably don't know at any given point in time the exact margin of whichever party controls the senate, but this is deadly serious. this is a matter of who can control what the senate passes and really even what they take up on the senate floor. and the reality of today's politics right now is that despite the fact that you really f need a 60-vote majority to pa...

Symbolic change. >> it is indeed. how is the white house responding to this? >> well she did give the white house a heads up as well as schumer's office. according to sources we're talking to, this is what the white house said in a statement, though. we understand that her decision to register as an independent in arizona does not change the new democratic majority control of the senate and we have every reason to expect that we will continue to work successfully with her. we should note that through the bipartisan negotiations that she's led and been a part of it, she's probably talked to the...

Gun violence prevention to protecting religious liberty and helping lgbt families feel secure to the chips and science bill, to the work we've done on veterans issues. the list is really long and so i think that the results speak for themselves. it's okay if some people aren't comfortable with that approach. >> senator sinema is up for reelection in 2024, cnn congressional correspondent lauren fox covering the story. the white house is out with a statement saying in their view this does not change democratic majority control. you're speaking to democrats this morning on the hill, do they belie...