/cloudfront-us-east-2.images.arcpublishing.com/reuters/R5EFU2KZBBOXBIQUJ5XBGF62NQ.jpg "Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps")
Jan 9 (Reuters) – Shares of outlined Chinese firms that count Ant Group as a major shareholder rose on Monday soon after announcements that Ant founder Jack Ma is offering up management of the fintech huge following an overhaul. Hong Kong-mentioned shares of Ma’s Alibaba (9988.HK) jumped 7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Shares of […]
Alibaba
(Bloomberg) — Alibaba Team Holding Ltd. has moved a step nearer towards getting booted off US inventory exchanges for American inspectors not becoming capable to entry to economical audits. Most Browse from Bloomberg The US Securities and Trade Commission on Friday additional the major US-detailed Chinese firm to a increasing […]
Alibaba’s longtime finance chief Maggie Wu is stepping down as the Chinese ecommerce giant shakes up its organisation to reverse slowing growth and halt the fall of its share price to a five-year low. The ecommerce group founded by Jack Ma more than two decades ago has been under pressure […]
Text size Alibaba, like its peers in Chinese tech, has been under pressure for much of this year. David Becker/Getty Images After a year of regulatory pressure and, more recently, disappointing quarterly earnings, Alibaba stock has been undergoing a reevaluation by Wall Street. Some financial analysts have even been making […]