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Page 9 - Ma Yun News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese billionaires clear their Weibo accounts sensing danger in speaking publicly : Report

Chinese billionaires clear their Weibo accounts sensing danger in speaking publicly : Report
shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.

Alibaba lost $26 bn in market value within minutes after a man named Ma was detained (Ld)

Alibaba lost $26 bn in market value within minutes after a man named Ma was detained (Ld)
webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.

Alibaba recovers after report on Ma briefly erased $26bn

Underscoring continued investor anxiety toward China’s tech sector after a year-long crackdown.

Alibaba stock roiled by report of China curbs on person named Ma

Alibaba Group Holding Ltd shares slid more than 9% after state broadcaster CCTV reported Tuesday that authorities in its home base of Hangzhou had imposed curbs on an individual surnamed Ma. Alibaba’s shares recouped much of their losses after Hangzhou police posted a statement very similar to CCTV’s report later on Tuesday, but with a slight change that suggested the accused person’s name covered three characters. Alibaba co-founder Jack Ma’s Chinese name is the two-character Ma Yun.

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