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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (187353)	5/5/2022 7:22:44 PM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 217835

Alibaba loses $26B in market value on rumors of Jack Ma’s ‘arrest’ By Ariel Zilber May 4, 2022 10:21am Updated Jack Ma, the co-founder of Chinese e-commerce giant Alibaba, was rumored to have been arrested on Tuesday. Those rumors were false.Future Publishing via Getty Imag MORE ON: JACK MA Nets owner Joe Tsai tried to get ex-Rockets GM fired for Hong Kong tweet: report Alibaba founder Jack Ma spotted on his superyacht for first time since clashing with Chinese regulators Billionaire Alibaba founder Jack Ma sighted in Hong Kong: sources Why Alibaba’s Joe Tsai gets to party but Jack Ma is punished by China Alibaba co-founder Jack Ma’s rumored arrest — which later turned out to be false — sent shares of the company falling by as much as 10% within minutes on Tuesday morning and cost the firm $26 billion in value. The billionaire Ma has scarcely been seen in public since the Chinese government launched a crackdown on big businesses in late 2020. On Tuesday, China state-run media reported that a man with the same name as Ma’s — which is a very common name in China — was arrested by authorities for alleged national security violations. The arrest took place in the Chinese city of Hangzhou, which is where the e-commerce company is based. News of the arrest of “Ma” rattled the markets as investors started selling off Alibaba stock. The company’s share price dipped 9.4% in early trading in Hong Kong on Tuesday, according to Bloomberg News. But state-run media issued a clarification, noting that the person in question was not the Alibaba co-founder. False reports of Ma’s arrest sent Alibaba stock plummeting on Tuesday.Getty ImagesThe arrested individual, who was identified as an employee of a local IT company, was born in 1985 — which makes him at least 20 years younger than Ma. After the clarification, Alibaba’s shares recovered most of their losses. Ma has been largely absent from the public stage since November of 2020, when he was hauled in for questioning by regulators for criticizing China’s state-owned banks. A scheduled IPO of his other company, Ant Group, was shelved as a result. Alibaba lost $26 billion of its market value before it recovered later on Tuesday.Bloomberg via Getty ImagesMa’s silencing coincided with Beijing’s antitrust crackdown on large tech firms which until then had been allowed to operate relatively freely. The government moved against tech unicorns like Alibaba, Tencent, Meituan, and Didi. What do you think? Be the first to comment. Last year, Alibaba was fined a record $2.75 billion in April over monopoly violations. Ma, the former English teacher, disappeared from public view for three months before surfacing in January 2021, speaking to a group of teachers by video. That eased concern about his unusual absence from the limelight and sent Alibaba shares surging. Facebook Twitter Flipboard WhatsApp Email Copy FILED UNDER ALIBABA CHINA HONG KONG JACK MA RUMORS 5/4/22 READ NEXT Elon Musk says some Twitter users may be charged to use pl...

To: Julius Wong who wrote (187353)	5/9/2022 1:38:03 AM
From: sense	Read Replies (1) \| Respond to of 217835

Look at Blackrock in relation to real estate... They're going "all in" buying real estate at that top of the market... and have been paying premiums... above market prices... to take over real estate related businesses... focused on institutional rental and private market homes. Either they know something no one else does... or they're making a pretty bad mistake... ? It seems to be a part of thinking owning "real things" is suddenly important... which a lot of people would agree with... But, ??? Some of their choices now appear driven by being "woke" and not thinking clearly in result... perhaps not properly anticipating changes coming in terms of nature... extent... direction... implication... ? Seems like they're going long and paying a premium to buy Evergreen... right before the wheels came off...