Alibaba Raises Proposed Stock Repurchase Program By $4B To $10B, But Shares Slide 5%+ To A Six Month Low In Early Hong Kong Trading Amid Antitrust Fears (Coco Liu/Bloomberg)

Alibaba Raises Proposed Stock Repurchase Program By $4B To $10B, But Shares Slide 5%+ To A Six Month Low In Early Hong Kong Trading Amid Antitrust Fears (Coco Liu/Bloomberg)

Alibaba raises proposed stock repurchase program by $4B to $10B, but shares slide 5%+ to a six month low in early Hong Kong trading amid antitrust fears  —  – An upsized share buyback program fails to lift Alibaba shares  — It coincides with a harsh clampdown on part-owned Ant Group

Source / Techmeme

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