Jack Ma's reappearance fails to soothe all investor concerns about regulatory crackdown
Jack Ma’s reappearance fails to soothe all investor concerns about regulatory crackdown Billionaire Jack Ma’s 50-second video reappearance has done little to resolve Alibaba Group’s troubled relationship with regulators that is making some investors hesitate about owning the Chinese e-commerce giant’s stock. Relief at Ma’s first public appearance added $58 billion in market value on Wednesday as Alibaba’s Hong Kong-listed stock soared, though doubts crept in a day later and the stock fell more than 3% as the broader market steadied near two-year highs. Ma had not appeared in publi...
Source: hellenicshippingnews.com