Shuli Ren & Tim Culpan, Columnists
Who Wants to Catch Jack Ma’s Falling Knife?
Investors are unhappy that Alibaba’s founder is selling down his shares just when the company is rethinking its business strategy and entering an investment phase.
Drawing investors’ ire.
Photographer: PHILIPPE LOPEZ/AFP via Getty Images
Imagine a tech giant wanting a strategy “reset” while its major shareholders are selling.
That is Alibaba Group Holding Ltd.
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Who Wants to Catch Jack Ma’s Falling Knife?