$BABA-SW (09988.HK)$ Why did it open so much lower today?
$BABA-SW(09988.HK$ Why did it open so much lower today?
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102559790 : last Friday, baba dropped quite abit in USA market...probably due to china poor economic data
70905624 : Daniel Zhang just got kick out as CEO Alibaba Cloud
102559790 : yes. today news is Daniel relinquished his appointment in alicloud
70905624 102319027 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Angela OP 102559790 : Therefore, today's Hong Kong stocks are also affected to some extent？
Angela OP 102559790 : So is this the main reason for today's decline?
OceansWave Angela OP : Apparently news reported in such a way.. it’s similar to that of Telsa change of CFO..
Angela OP OceansWave : Thank you. Maybe you didn't see me add you.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
MrM 70905624 : Haha you hammer who
102559790 Angela OP : end of day, baba price closed about the same as the equivalent price of USA market on Friday. still sentiment is affected as the general market improved end of day. but I think shorts are making it as bad news. in my opinion, Daniel leaving should be good for baba. I think the team he left behind can do as well if not better.
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