Alibaba (BABA) Receives Notice of Anti-Monopoly/Anti-Trust Investigation by Chinese Government
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Alibaba (BABA) IV into China launches antitrust investigation, FT reports
December 24, 2020 4:51 AM ESTAlibaba (NYSE: BABA) December weekly call option implied volatility is at 23, January is at 33; compared to its 52-week range of 22 to 63 into China launches antitrust investigation into Alibaba. FT reports.
... MoreChina launches antitrust probe into tech giant Alibaba
December 23, 2020 8:36 PM ESTBy Julie Zhu, Kane Wu and Cheng Leng
HONG KONG/BEIJING (Reuters) -China has launched an antitrust investigation into Alibaba Group and will summon the tech giant's Ant Group affiliate to meet in coming days, regulators said on Thursday, in the latest blow for Jack Ma's e-commerce and fintech empire.
The probe is part of an accelerating crackdown on anticompetitive behaviour in China's booming internet space, and the latest setback for Ma, the 56-year-old former school teacher who founded Alibaba and became China's most famous entrepreneur.
It follows China's dramatic suspension last month of Ant's planned $37 billion... More
