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BABA-W Dismisses Providing Technical Support for CN Actions Against US
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BABA-W (09988.HK) allegedly provided technical support in Chinese authorities' actions targeting US domestic objectives, according to the Financial Times, citing US White House national security documents. However, the documents did not specify the type of technology or actions involved, nor did they disclose whether the US attempted to respond in any way. Alibaba issued a statement dismissing the allegations and implications mentioned in the report, questioning the motives of the source, and suggesting that it is clearly a malicious public relations act by someone with ulterior motives. AASTOCKS Financial News Website: www.aastocks.com |
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