An ugly end

By: Miguel A. Rodriguez

11:30, 19 April 2021

Ant explores ways for Jack Ma to exit.
  • Ant is exploring options for founder Jack Ma to exit, as the financial technology giant affiliated with #Alibaba is looking for ways he could divest his stake and give up control.
  • #Bitcoin nosedived to three-week lows, puncturing the frenzied speculative bubble built into several alternative cryptocurrencies in the wake of #Coinbase’s recent debut on the #Nasdaq.
  • U.S. technology and growth #stocks have taken the market's reins in recent weeks, pausing a rotation into value shares as investors assess the trajectory of bond yields and upcoming earnings reports.

Share this article

The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation.Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.