Alibaba stock drops as China regulator reportedly suspends partnership

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Alibaba stock drops as China regulator reportedly suspends partnership

Dow Jones2021-12-23

MW Alibaba stock drops as China regulator reportedly suspends partnership

Alibaba Group Holding Ltd. $(09988)$ shares fell Wednesday following reports that China's IT regulator disciplined the company for failing to report an open-source security vulnerability to the government. American depositary receipts of Alibaba dropped as much as 6% Wednesday, and were last down 3.8% at $118.35. On Wednesday, China's Ministry of Industry and Information Technology suspended a partnership with Alibaba for six months alleging that Alibaba failed to promptly report bugs in the open-source logging platform Apache Log4j2 to government officials, according to media reports. About two weeks ago, reports surfaced that the software contained a bug that would allow remote hackers to make changes to target devices.

-Wallace Witkowski

$(END)$ Dow Jones Newswires

December 22, 2021 13:00 ET (18:00 GMT)

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therese
·2021-12-23
When will Alibaba recover 🥲
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robot1234
·2021-12-23
Another hiccup. This is jinx. Alibaba's share price continues its slide and the downtrend is pretty much intact.
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- Ironteam:
  Just hope that it can recover as the business aspect is still strong, but moves from government are worrisome.
  2021-12-23
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American depositary receipts of Alibaba dropped as much as 6% Wednesday, and were last down 3.8% at $118.35. On Wednesday, China's Ministry of Industry and Information Technology suspended a partnership with Alibaba for six months alleging that Alibaba failed to promptly report bugs in the open-source logging platform Apache Log4j2 to government officials, according to media reports. About two weeks ago, reports surfaced that the software contained a bug that would allow remote hackers to make changes to target devices. \n</p>\n<p>\n  -Wallace Witkowski \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  December 22, 2021 13:00 ET (18:00 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba stock drops as China regulator reportedly suspends partnership</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba stock drops as China regulator reportedly suspends partnership\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-23 02:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Alibaba stock drops as China regulator reportedly suspends partnership\n</p>\n<p>\n  Alibaba Group Holding Ltd. <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> shares fell Wednesday following reports that China's IT regulator disciplined the company for failing to report an open-source security vulnerability to the government. American depositary receipts of Alibaba dropped as much as 6% Wednesday, and were last down 3.8% at $118.35. On Wednesday, China's Ministry of Industry and Information Technology suspended a partnership with Alibaba for six months alleging that Alibaba failed to promptly report bugs in the open-source logging platform Apache Log4j2 to government officials, according to media reports. About two weeks ago, reports surfaced that the software contained a bug that would allow remote hackers to make changes to target devices. \n</p>\n<p>\n  -Wallace Witkowski \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  December 22, 2021 13:00 ET (18:00 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01508":"中国再保险","BK1550":"内险股","BK1153":"再保险","BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193183311","content_text":"MW Alibaba stock drops as China regulator reportedly suspends partnership\n\n\n  Alibaba Group Holding Ltd. $(09988)$ shares fell Wednesday following reports that China's IT regulator disciplined the company for failing to report an open-source security vulnerability to the government. American depositary receipts of Alibaba dropped as much as 6% Wednesday, and were last down 3.8% at $118.35. On Wednesday, China's Ministry of Industry and Information Technology suspended a partnership with Alibaba for six months alleging that Alibaba failed to promptly report bugs in the open-source logging platform Apache Log4j2 to government officials, according to media reports. About two weeks ago, reports surfaced that the software contained a bug that would allow remote hackers to make changes to target devices. \n\n\n  -Wallace Witkowski \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  December 22, 2021 13:00 ET (18:00 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":691265006,"gmtCreate":1640210865423,"gmtModify":1676532422339,"author":{"id":"3561596430587504","authorId":"3561596430587504","authorIdStr":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"idStr":"3561596430587504"},"htmlText":"Another hiccup. This is jinx. Alibaba's share price continues its slide and the downtrend is pretty much intact.","listText":"Another hiccup. This is jinx. Alibaba's share price continues its slide and the downtrend is pretty much intact.","text":"Another hiccup. This is jinx. Alibaba's share price continues its slide and the downtrend is pretty much intact.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/691265006","repostId":2193183311,"repostType":2,"repost":{"id":"2193183311","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640196000,"share":"https://ttm.financial/m/news/2193183311?lang=&edition=fundamental","pubTime":"2021-12-23 02:00","market":"us","language":"en","title":"Alibaba stock drops as China regulator reportedly suspends partnership","url":"https://stock-news.laohu8.com/highlight/detail?id=2193183311","media":"Dow Jones","summary":"MW Alibaba stock drops as China regulator reportedly suspends partnership\n\n\n  Alibaba Group Holding ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Alibaba stock drops as China regulator reportedly suspends partnership\n</p>\n<p>\n  Alibaba Group Holding Ltd. <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> shares fell Wednesday following reports that China's IT regulator disciplined the company for failing to report an open-source security vulnerability to the government. American depositary receipts of Alibaba dropped as much as 6% Wednesday, and were last down 3.8% at $118.35. On Wednesday, China's Ministry of Industry and Information Technology suspended a partnership with Alibaba for six months alleging that Alibaba failed to promptly report bugs in the open-source logging platform Apache Log4j2 to government officials, according to media reports. About two weeks ago, reports surfaced that the software contained a bug that would allow remote hackers to make changes to target devices. \n</p>\n<p>\n  -Wallace Witkowski \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  December 22, 2021 13:00 ET (18:00 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba stock drops as China regulator reportedly suspends partnership</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba stock drops as China regulator reportedly suspends partnership\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-23 02:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Alibaba stock drops as China regulator reportedly suspends partnership\n</p>\n<p>\n  Alibaba Group Holding Ltd. <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> shares fell Wednesday following reports that China's IT regulator disciplined the company for failing to report an open-source security vulnerability to the government. American depositary receipts of Alibaba dropped as much as 6% Wednesday, and were last down 3.8% at $118.35. On Wednesday, China's Ministry of Industry and Information Technology suspended a partnership with Alibaba for six months alleging that Alibaba failed to promptly report bugs in the open-source logging platform Apache Log4j2 to government officials, according to media reports. About two weeks ago, reports surfaced that the software contained a bug that would allow remote hackers to make changes to target devices. \n</p>\n<p>\n  -Wallace Witkowski \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  December 22, 2021 13:00 ET (18:00 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01508":"中国再保险","BK1550":"内险股","BK1153":"再保险","BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193183311","content_text":"MW Alibaba stock drops as China regulator reportedly suspends partnership\n\n\n  Alibaba Group Holding Ltd. $(09988)$ shares fell Wednesday following reports that China's IT regulator disciplined the company for failing to report an open-source security vulnerability to the government. American depositary receipts of Alibaba dropped as much as 6% Wednesday, and were last down 3.8% at $118.35. On Wednesday, China's Ministry of Industry and Information Technology suspended a partnership with Alibaba for six months alleging that Alibaba failed to promptly report bugs in the open-source logging platform Apache Log4j2 to government officials, according to media reports. About two weeks ago, reports surfaced that the software contained a bug that would allow remote hackers to make changes to target devices. \n\n\n  -Wallace Witkowski \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  December 22, 2021 13:00 ET (18:00 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7082421,"gmtCreate":1640217030050,"gmtModify":1663239071436,"authorId":3561582804451218,"author":{"id":3561582804451218,"authorId":3561582804451218,"name":"Ironteam","avatar":"https://static.tigerbbs.com/820ff4e88bef87bdd250ce62ad08f334","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":691265006,"type":1,"supId":0,"prevId":0,"content":"Just hope that it can recover as the business aspect is still strong, but moves from government are <u>worrisome</u>.","text":"Just hope that it can recover as the business aspect is still strong, but moves from government are <u>worrisome</u>.","html":"Just hope that it can recover as the business aspect is still strong, but moves from government are <u>worrisome</u>."}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":7,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}