Jack Ma’s clash with Beijing costs $850bn

China to end probe of Ant with fine of almost $1bn, while Alibaba’s market value is off by about $620bn from peak

09 July 2023 - 18:52
By Lulu Yilun Chen and Jane Zhang

China to end probe of Ant with fine of almost $1bn, while Alibaba’s market value is off by about $620bn from peak

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