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

Weekly Indicators: Nonetheless Sturdy Spending, Tepid Tax Funds

This text was written byObserveNew Deal democrat As knowledgeable who began a person investor for nearly 30 yeas in the past, I rapidly centered on financial cycles and the order wherein they sometimes...

NG Vitality advances six-well Sinú-9 drilling marketing campaign in Colombia

(WO) — NG Vitality has spudded the second properly in its six-well drilling marketing campaign at Colombia's Sinú-9 block whereas finishing pipeline infrastructure upgrades anticipated to extend fuel transportation capability as growth advances...

We are inclined to suppose utilizing AI effectively is a technical talent, however the proof from early adopters suggests it’s virtually totally a readability...

We are inclined to deal with being good at AI as a technical talent, one thing to do with intelligent prompts, the precise settings and a inventory of secret phrases. Watch the individuals...

12 Timeless Market Classes From Jesse Livermore

In , we shared some market knowledge from one of many best merchants, Jessie Livermore.  Whereas Livermore’s identify isn't all the time talked about alongside different nice traders and analysts, akin to Warren...

Nuclear waste may hold navy drones flying for many years with out ever needing alternative batteries once more

Nuclear waste might change into gasoline for decades-long autonomous operations worldwideDARPA needs batteries delivering energy repeatedly for as much as 30 yearsVenture Omega is changing radiation straight into usable electrical power effectivelyScientists working...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com