Beyond Jack Ma: 3 Chinese E-Commerce Stocks You Should Know
Jack Ma may not be a household name in the U.S, but the Alibaba (NYSE: BABA) founder is one of the richest people in the world and an icon in China, where Alibaba is one of the biggest and most admired companies. Chinese regulators did not take kindly to the speech, and ultimately blocked the IPO of the Ant Group, the former financial arm of Alibaba that was spun off by the tech giant , in November. Then, last month, officials announced an antitrust investigation into Alibaba (NYSE: BABA) erasing $100 billion from its valuation and sending the stock down 13%.