For those who followed the news surrounding Alibaba yesterday evening, it was indeed a wild roller coaster. The pre-market volume was insane with huge swings of between $5-$10 happening within minutes. For those unfamiliar with what’s happening, in recent time, we have seen somewhat of a revival in Chinese stocks. This is fueled by both the improving Covid-19 situation in China as well as what we consider to be the “relaxing” of government regulations on Chinese tech companies. While the external environment can influence a company’s stock price, respective companies do indeed have their own individual catalyst such as major management changes, massive mergers etc. With Alibaba, the one catalyst that everyone has their eyes on is the revival of ANT’s IPO. What exactly is ANT and can this one single event mark the end of the bear rally for Alibaba? We’ll find out soon enough! What is Ant Financial? As...