Alibaba (BABA) Receives Notice of Anti-Monopoly/Anti-Trust Investigation by Chinese Government
Tweet
Share
E-mail
Get Alerts BABA Hot Sheet
Price: $107.74 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +151.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +151.4%
Join SI Premium – FREE
(Updated - December 24, 2020 6:11 AM EST)
Alibaba Group Holding Limited (NYSE: BABA) announced that today it received a notice of investigation (the “Notice”) from the State Administration for Market Regulation of the People’s Republic of China (the “SAMR”). The Notice states that the SAMR has commenced an investigation pursuant to the Anti-Monopoly Law of the People’s Republic of China. We will actively cooperate with the SAMR’s investigation. The Company’s business operations remain normal.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- General Mills names Dana McNabb as next CEO, effective January 2027
- Alibaba (BABA) Reiterated at Buy by StoneX as AI Flywheel Strengthens
- Green Circle submits two HVAC tender proposals in Hong Kong
Create E-mail Alert Related Categories
Corporate News, Hot Corp. News, Litigation, PoliticsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
