Jack Ma

A brief bout of concern about the fate of Alibaba Group Holding Ltd. co-founder Jack Ma triggered wild swings in shares of the e-commerce company on Tuesday ...

Share prices of Jack Ma's Alibaba rebounded Tuesday after Hangzhou police clarified that a person identified only as “Ma,”...

CCTV said the person was placed under so-called “compulsory measures” on April 25 after being accused of inciting subversion of state power and other activities that endangered national security. Chinese authorities in Hangzhou, where both Alibaba and Ant are based, were unavailable for comment during the Golden Week holidays. Share prices in Jack Ma Yun’s Alibaba initially dropped sharply on Tuesday morning after Chinese state broadcaster CCTV reported earlier that an individual named Ma had “compulsory curbs” placed upon them relating to violations of national security. With the difference of only one character, the stock loses ¥100 billion.” Jack Ma’s Chinese name is the two-character Ma Yun. CCTV also updated its report to show a third character.

Chinese authorities have placed an individual with the last name Ma under “compulsory curbs” in the city of Hangzhou, Bloomberg News.

Most new traders struggle at first to make sense of the markets and how to put their portfolio in a position to flourish. Even new traders who started following this options trading strategy instantly began seeing a new perspective in how the markets move. With even two trades per month with this strategy, you will start seeing the difference in your trading strategies.

Chinese state media reported earlier in the morning that the Hangzhou security bureau on April 25 took “criminal coercive measures” on an individual with ...

Chinese state media reported earlier in the morning that the Hangzhou security bureau on April 25 took "criminal coercive measures" on an individual with the last name Ma over suspicion of using the internet to endanger national security. - Subsequent state media updates indicated the person had a first name with two Chinese characters, rather than one. - Chinese state media reported earlier in the morning that the Hangzhou security bureau on April 25 took "criminal coercive measures" on an individual with the last name Ma over suspicion of using the internet to endanger national security.

Bloomberg terminal story notes: Chinese authorities in the city of Hangzhou, home base to Alibaba Group Holding Ltd. and Ant Group Co., ...

The person,who was otherwise unidentified, was placed under the so called controls on April 25 after being accused of inciting subversion of state power and other activities that endangered national security, CCTV said in its brief report, without elaborating. Chinese authorities in the city of Hangzhou, home base to Alibaba Group Holding Ltd. and Ant Group Co., have imposed"compulsory curbs" on an individual surnamed Ma, state broadcaster CCTV reported Tuesday.

The Chinese state security bureau confirmed the detention of a male IT director, whose name ends with "Ma" in the apprehension of conspiring with outside ...

Meanwhile, the shares of Alibaba slid more than 9% following the media reports about the possible arrest of Jack Ma. Notably, Ma has been confronting actions from the Chinese state and has been largely out of public view ever since a regulatory clampdown started on his business empire in 2020. This resulted in speculations about whether the law enforcement agency detained Alibaba founder and Chinese business magnate, Jack "Ma". "A man surnamed 'Ma' was under criminal enforcement action, suspected of colluding with outside forces and attempting to subvert the state and split the country, the state security bureau in Hangzhou of east China's Zhejiang Province," reported Global Times. According to Chinese state-run media, Ma works as the director of the hardware research and development department of an IT company.

Alibaba shares initially fell by over 9% after CCTV reported the arrest of someone with the same surname as company founder Jack Ma.

The full name of Jack Ma, whose given name in Chinese is Yun, has only two characters. China's crackdown led some analysts to call the sector " uninvestable", with the Hang Seng Tech Index down 57% from its February 2021 peak. But the broadcaster later revised that report to reflect a clarification issued by Hangzhou's police: the arrested individual’s full name has three characters. Regulators also launched an antitrust investigation into the e-commerce group, resulting in a record $2.8 billion fine for anti-competitive behavior in April 2021. Investors started selling shares after Ma, addressing a high-profile conference for the nation's most powerful bankers and financial regulators, criticized China's policymakers for stifling innovation and growth. CCTV, China's state broadcaster, reported Tuesday morning that police in Hangzhou, Alibaba’s home city, have taken “compulsory measures” against an individual with the last name Ma on April 25.