China Slaps ‘Compulsory Measures’ on Person Named Ma — Alibaba shares tank 9% : stocks


https://uk.finance.yahoo.com/news/china-slaps-compulsory-measures-person-014314636.html

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 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.

Shares in Alibaba slid more than 9% in Hong Kong. Representatives for Alibaba and Ant didn’t immediately respond to requests for comment.

(could they have arrested Jack Ma, founder of Alibaba?)

——————

Here is another report from a week ago, saying the mans name is “Ma Moumou” ;https://www.spp.gov.cn/zdgz/202205/t20220503_556065.shtml

Translate

On April 25, 2022, Hangzhou National Security Bureau took criminal coercive measures against Ma Moumou, who colluded with overseas Anti China hostile forces and was suspected of engaging in activities endangering national security such as inciting secession and subversion of state power. At present, the case is under in-depth investigation.

———————–

So who knows whats going on.



Source link

Related articles

A $999 de-Googled system with a bodily killswitch

TL;DR The HIROH Cellphone is a privacy-focused system that runs e/OS and has a bodily killswitch to limit entry to the digital camera, mics, and connectivity choices. The smartphone is now out there for pre-order...

Snowflake Inventory’s Money Circulate Reveals A More healthy Valuation Image (NYSE:SNOW)

This text was written byComply withI'm an energetic dealer in shares, FX, crypto, and commodities with over 15 years of market expertise. I maintain a grasp's diploma in finance and blend microeconomic research...

📰 The Framing Recreation — How Japan’s Media Manufactures “Public Opinion” – Market Information – 15 October 2025

When Japan’s first feminine conservative chief, Sanae Takaichi, rose to energy, her greatest impediment wasn’t the opposition—it was the press. Tv, newspapers, and even nationwide broadcasters turned the occasion right into a...

5 issues that must occur for Bitcoin to remain above $100k

Bitcoin worth traded close to $110,000 immediately as ETF move streaks and the $107,000 help take focus.Spot ETF demand stays the pivot. BlackRock’s IBIT is approaching $100 billion in belongings, roughly 799,000...

The iPad simply bought the chip it must be a sensible residence controller

This makes including a Thread machine — like a sensible mild, lock, or plug — simpler as you received’t must go purchase an additional product simply to make use of the one to...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com