Alibaba’s pain index is a lesson in timing


Is the decision worthy of criticism? The Hang Seng Index needs to evolve to stay relevant, and the recommendation to recognize companies like Alibaba has drawn strong support during the market consultation. In September 2020, the internet giant is on the rise: dominating e-commerce in the country, expanding in Southeast Asia, and preparing for a world-record $35 billion initial public offering. of the Ant Group unit. Who could have predicted that within a few weeks the Chinese government would regulate the IPO, banish founder Jack Ma from public view and make Alibaba one of the main targets of antitrust targeting. and “common prosperity”? Alibaba’s pain index is a lesson in timing

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