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BABA May 2024 70.000 call
| Previous close | 11.58 |
| Open | 8.50 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 70.00 |
| Expiry date | 2024-05-31 |
| Day's range | 8.50 - 11.95 |
| Contract range | N/A |
| Volume | |
| Open interest | 526 |
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Alibaba Group Holding Limited (NYSE:BABA) plans to construct a data center in Vietnam to meet legal requirements for local data storage and to cater to increasing demand in one of Asia’s fastest-growing economies. Currently, Alibaba rents server space from Vietnamese state-owned telecommunications companies Viettel and VNPT. The arrangement follows Vietnam’s contentious 2022 law mandating that companies store data within the country—a regulation that sparked resistance from major tech firms like
