Jiang Fang's Alibaba intranet response: Jack Ma did not sell a single share
我放心你带套猛
发表于 2023-11-22 20:53:59
243
0
0
Jack Ma has not sold a single share, "said Jiang Fang, a partner and chief talent officer of Alibaba Group, in response to recent rumors that founder Jack Ma has sold a huge amount of Alibaba (NYSE: BABA; HKEX: 9988) stocks on the Alibaba intranet today.
As long as we have an open mindset and innovative thinking, we have the opportunity to create another unique Alibaba. "Alibaba Group Chairman Cai Chongxin also supported Jiang Fang in refuting the rumor.
Alibaba confirmed to the China Business Daily reporter that recently, the US Stock Exchange released a long-term equity plan application disclosed by the Ma Yun Family Trust, which began on November 21. The application is set to have the option to sell Alibaba shares under certain pre conditions. This information was understood as Jack Ma about to sell off Alibaba's stock, and even led to numerous malicious speculations and associations.
In order to invest in agricultural technology and public welfare projects both domestically and internationally, Teacher Ma's office signed a reduction contract with a stock broker earlier this year in accordance with SEC 10b5-1 regulations. According to regulations, this conditional future reduction plan will be announced in mid November. The selling price set in August was much higher than the current stock price, so Teacher Ma did not sell a single share Jiang Fang posted a detailed explanation of this matter on the intranet.
Looking back at the timeline of the development of the matter, the fermentation and misinterpretation of the matter may lie in the news "rushing".
On November 16th, Alibaba released its financial report for the second quarter of the 2024 fiscal year. Prior to the release of the financial report, the news about Jack Ma's plan to reduce his holdings in Alibaba stocks attracted widespread attention from the outside world. Public data shows that on July 2, 2020, Jack Ma's shareholding had dropped to 4.8%, below 5%. In recent years, Alibaba has stopped disclosing Jack Ma's shareholding in its financial reports.
According to Form 144 disclosed on the official website of the Securities and Exchange Commission (SEC), Jack Ma's family trust JC Properties Limited (a British Virgin Islands company) and JSP Investment Limited (a British Virgin Islands company) plan to reduce their holdings of 5 million Alibaba founder shares on November 21, respectively.
After the financial report was released, on November 17th, Alibaba's Hong Kong stock price fell by more than 10%. The next day, Jack Ma's office lawyer announced to the public that the disclosed sale plan is a long-term plan, and there has been no actual reduction of holdings in the plan. Jack Ma is firmly optimistic about Alibaba.
Why did such a misunderstanding occur? "Jiang Fang stated in an internal post," November 16th happened to be the set disclosure time, but the stock broker did not know that this day happened to be the day when the company released its financial report. This coincidence is the first reason for the external misunderstanding
The selling price set in August was much higher than the current stock price, so Teacher Ma did not sell any shares! This is the second misconception from the outside world
The external speculation that he sold a large amount of stocks shows a lack of confidence in Alibaba's business, completely disregarding the fact that this is a long-term plan and that he believes Alibaba's business will further increase in value and set a higher selling price. Jiang Fang also conveyed to all Alibaba people through the intranet that Jack Ma is firmly optimistic about Alibaba, "Alibaba's stock is currently significantly lower than Alibaba's actual value, and he will not sell it.
I have been in the company for almost 25 years, and Alibaba has been facing various doubts and challenges from the beginning to the present. However, we continue to persist and have overcome one difficulty after another in these doubts and challenges. Because Alibaba's genes are to believe that the future will be better, "Cai Chongxin said in a post, Today, the rapid iteration of global technology and business models is a challenge for everyone, but it is also an excellent opportunity. As long as we have an open mindset and innovative thinking, we have the opportunity to create another unique Alibaba
Attached is Jiang Fang's Alibaba intranet post:
Dear partners
There are two things about Alibaba that have been widely circulated in the past few days, but there are serious errors. I have synchronized the true information I know with everyone, and I welcome everyone to share the information I have provided with colleagues and friends who care about Alibaba's development:
Since the quarterly report released by the group last Thursday, the announcement of Teacher Ma's plan to reduce his holdings in Alibaba's stock and media reports have led students to mistakenly believe that Teacher Ma is not optimistic about the company.
Here, I would like to clarify the fact that Teacher Ma's office needs funds to invest in agricultural technology and public welfare projects both domestically and internationally. Earlier this year, it signed a reduction contract with a stock broker in accordance with SEC 10b5-1 regulations. According to regulations, this conditional future reduction plan will be announced to the public in mid November.
November 16th happened to be the set disclosure time, but the stock broker was not aware that it happened to be the day the company released its financial report. This coincidence was the first cause of misunderstandings among the outside world.
The selling price set in August was much higher than the current stock price, so Teacher Ma did not sell a single share! This is the second misconception from the outside world.
Mr. Ma's office has issued a statement to the public that he will firmly hold Alibaba. This is not a clich é, it is a fact.
Alibaba's stock is currently significantly lower than Alibaba's actual value, and he will not sell it. The external speculation that he sold stocks shows a lack of confidence in Alibaba's business, completely disregarding the fact that this is a long-term plan and the high selling price he set for believing that Alibaba's business will further appreciate.
2. Rumors about Alibaba's plan to lay off 25000 employees: In the past few days, this rumor has spread with a nose and an eye, and it has also created a storyline about how we go to the human resources and social security departments to apply for approval layer by layer. The group has reported to the police to hold the rumormongers accountable. I hope to see the rumormonger take responsibility soon.
I don't think this is my first time debunking rumors on the intranet, and it probably won't be the last time. Since the company started its business today and went through ups and downs together, we have never lacked rumors. The important thing is that we always use faith to defeat rumors. We have gone from negation, questioning, and even rumors to today. Believing, believing in the future, believing in ourselves, is the power that we face all storms. Facing the future, facing the wave of technology, and facing the endless innovation, we still have many important things to do. Let's work together!
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Alibaba plans to issue senior unsecured notes
- Alibaba plans to issue senior unsecured notes to repay overseas debts and repurchase shares
- Goldman Sachs: Maintain Alibaba's' buy 'rating target price at HKD 131
- Alibaba plans to issue senior unsecured notes
- Alibaba's Q2 revenue increased by 5% year-on-year, and improving monetization rate remains key
- Alibaba launches financing plan: plans to issue priority unsecured dual currency notes
- Alibaba plans to issue $2.65 billion and RMB 17 billion bonds
- Alibaba plans to issue $2.65 billion and RMB 17 billion bonds
- Alibaba plans to issue $2.65 billion and RMB 17 billion bonds
- Alibaba CEO Wu Yongming: AI development requires a batch of open-source models of different scales and fields
-
11月21日、2024世界インターネット大会烏鎮サミットで、創業者、CEOの周源氏が大会デジタル教育フォーラムとインターネット企業家フォーラムでそれぞれ講演、発言したことを知っている。周源氏によると、デジタル教 ...
- 不正经的工程师
- 昨天 16:36
- 支持
- 反对
- 回复
- 收藏
-
スターバックスが中国事業の株式売却の可能性を検討していることが明らかになった。 11月21日、外国メディアによると、スターバックスは中国事業の株式売却を検討している。関係者によると、スターバックスは中国事 ...
- 献世八宝掌
- 前天 16:29
- 支持
- 反对
- 回复
- 收藏
-
【意法半導体CEO:中国市場は非常に重要で華虹と協力を展開】北京時間11月21日、意法半導体(STM.N)は投資家活動の現場で、同社が中国ウェハー代工場の華虹公司(688347.SH)と協力していると発表した。伊仏半導体 ...
- 黄俊琼
- 前天 14:29
- 支持
- 反对
- 回复
- 收藏
-
【ナスダック中国金龍指数は1%下落した。人気の中概株の多くは下落した】現地時間11月21日、ナスダック中国金龍指数は1%下落し、人気の中概株の多くは下落し、必死に10%超下落し、愛奇芸は7%超下落し、百度は6%近く ...
- 比尔992
- 昨天 11:57
- 支持
- 反对
- 回复
- 收藏