In case you missed it, the China government launched an antitrust investigation into Alibaba last week. This, combined with the pulling of Ant’s IPO, has caused Alibaba’s share price to drop from its high of 300 HKD (Oct 2020) to about 210 HKD today. That’s approximately a 30% fall, which was the peak to trough fall for Tencent back in 2018 when the government went after them. Buying opportunity, or falling knife? Facts Lots of speculation out there, so let’s round up the facts: Jack Ma gave a speech in Shanghai on 29 Oct 2020 with reference to “Traditional banks are operating with a ‘pawn shop’ mentality”China regulators pulled Ant Group’s IPO on Nov 3 On Dec 24, China regulators launched an anti-trust investigation into Alibaba GroupOn Dec 27, China regulators announced the objective of the investigation, which was to require Alibaba to comply with...