148 days ago • Posted by Martin Boujol

Alibaba's shares rally after the return of Jack Ma

We had no news from the richest man in China for 3 months. The Alibaba stock took a hit, after suspicions that he was "detained" by Chinese authorities. Following is reappearance, Alibaba ADRs were up 7.7% yesterday to $271, and Alibaba's stock on the Hong Kong stock exchange jumped 8.5%.

Source: zerohedge.com

#Stocks #Technology
Alibaba's shares rally after the return of Jack Ma
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