Ant IPO Back On? BABA Stock Falls as Regulator Denies Bloomberg Report

InvestorPlace2022-06-10

Alibaba(BABA) turned negative after a regulator denied Beijing may allow the company's subsidiary to undergo an initial public offering.The shares had rallied in recent days on positive macro news.A ...

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Comments

jayfalcon
2022-06-11
jayfalcon
Like pls 🙏 thanks
Bspn
2022-06-10
Bspn
Ok
JM85
2022-06-10
JM85
😂
来人
2022-06-10
来人
Ok
MSTAN
2022-06-10
MSTAN
👌👌
peterob1
2022-06-10
peterob1
[Miser]

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BABA Stock Falls as Regulator Denies Bloomberg Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-10 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/ant-ipo-back-on-baba-stock-falls-as-regulator-denies-bloomberg-report/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba(BABA) turned negative after a regulator denied Beijing may allow the company's subsidiary to undergo an initial public offering.The shares had rallied in recent days on positive macro news.A ...</p>\n\n<a href=\"https://investorplace.com/2022/06/ant-ipo-back-on-baba-stock-falls-as-regulator-denies-bloomberg-report/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"https://investorplace.com/2022/06/ant-ipo-back-on-baba-stock-falls-as-regulator-denies-bloomberg-report/","article_id":"1170383443","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170383443","pubTimestamp":1654829380,"columns":[],"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Alibaba(BABA) turned negative after a regulator denied Beijing may allow the company's subsidiary to","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"translate_title":"蚂蚁IPO重新启动？巴巴股价下跌，监管机构否认彭博报道","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":0.9,"BABA":0.9},"content_text":"Alibaba(BABA) turned negative after a regulator denied Beijing may allow the company's subsidiary to undergo an initial public offering.The shares had rallied in recent days on positive macro news.A DZ Bank analyst recently reiterated a \"sell\" rating on BABA stock.Alibaba(NYSE:BABA) stock is falling 8%. The retreat comes after a Chinese regulator refuted a report that Beijing was moving toward allowing a subsidiary of BABA stock to carry out its long-planned initial public offering (IPO).Since October 2020, the Chinese government has blocked Ant Group from implementing its planned IPO. Alibaba has a 33% stake in the company, which specializes in fintech. As a result, Alibaba has a vested interest in the completion of the Ant IPO.The Fluctuations of BABA StockBloomberg reported this morning that Chinese authorities had recently appointed a group of people to reassess Ant’s IPO. BABA stock jumped 7% in pre-market trading after that story was published. 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