Huge fine won’t end Jack Ma’s regulatory woes

When Chinese regulators meted out a record 18.2 billion yuan (US$2.82 billion) fine to Alibaba over the weekend, investors responded on Monday by ramping up the e-commerce giant’s share price by over 8%. That’s because the fine was less punitive than many investors had feared and at the same time at least partially lifted the … Continue reading Huge fine won’t end Jack Ma’s regulatory woes