Home Business Nomura: Alibaba (09988.HK) under antitrust investigation, stock price may be under pressure in the short term

Nomura: Alibaba (09988.HK) under antitrust investigation, stock price may be under pressure in the short term

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Nomura: Alibaba (09988.HK) under antitrust investigation, stock price may be under pressure in the short term

Nomura published a research report stating that Alibaba (09988.HK) has recently been investigated by the State Administration for Market Regulation in accordance with the law for suspected monopolistic behavior such as “choose one out of two”. It is expected that Alibaba’s stock price may be under pressure in the short term. According to the report, the Chinese authorities have raised concerns about monopolistic behavior in the Internet industry since November, and there are…

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