Alibaba shares jump after reports that founder Jack Ma will meet president Xi Jinping, who oversaw crackdown on China’s tech sector

Quick Summary:

Xi's crackdown brought the cancellation of Alibaba affiliate Ant Group's blockbuster IPO—notably after Ma made a speech criticising Chinese regulators.

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Article Details

Author / Journalist: AFP

Category: EconomyBusiness

Markets: United StatesChina

Topics: Alibaba Group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-14 @ 10:52:13 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 22 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 26142412

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Official Website: fortune.com

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