Alibaba tries to shore up investors' confidence
Chairman Jack Ma himself attends investor meeting, defends company's efforts to fight the trade in counterfeit goods
Hong Kong
THE Alibaba Group of China has disappointed investors since its record-breaking American stock listing nearly two years ago, as volatile financial results and regulatory run-ins have driven the price of its shares down almost to where they began.
Now the e-commerce giant is trying to reassure.
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023