Jack Ma, the founder of #Alibaba, is facing scrutiny after a controversial speech about the Chinese #FinancialSystem. In a matter of months, Ma had lost $12 billion after Chinese regulators conducted an antitrust investigation on him.

https://ept.ms/TikTokGrilled

#Alibaba and #Tencent shares rose Monday as #Beijing's $984 million fine for Ant Group was viewed as signaling the end of a regulatory crackdown on #China's tech sector.

The scrutiny of the last 2 years created an uncertain environment, wiping billions from China's tech sector.