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Alibaba raises proposed stock repurchase program by $4B to $10B, but shares slide 8%+, shedding $270B of value since its October peak amid antitrust fears (Coco Liu/Bloomberg)
Coco Liu / Bloomberg: Alibaba raises proposed stock repurchase program by $4B to $10B, but shares slide 8%+, shedding $270B of value since its October peak amid antitrust fears — - Investors flee biggest names from Tencent to Meituan and JD — Probe coincides with a clampdown on part-owned Ant Group