Ali Shares Broke Through $100

China's stock market has soared and Alibaba's shares have reached a record high for the first time, breaking through 100 U.S. dollars. The stock ended up at $99.68, up about 2% from the previous trading day. At the closing price, Ali currently has a market capitalization of $245 billion 700 million, making it $246 billion 800 million for WAL-MART, the world's biggest retailer.

　　 Ali Price of stock Innovative high market value WAL-MART

At the WSJ Global Technology Conference on Monday night, Ma said he was very interested in working with apple in the payment area, pushing the price of Ali up 1.93% on Tuesday and closing at $99.68. Ali shares in the market once exceeded 100 U.S. dollars, the highest touch of 100.67 U.S. dollars.

　　 Alibaba The group was listed on the NYSE in September 19th and raised $21 billion 800 million. After underwriting the option to sell green shoes over the allotment, Alibaba also exceeded the IPO scale record created by the Agricultural Bank of China in 2010. In that year, the Agricultural Bank of China sold $22 billion 100 million in IPO. Up to now, Alibaba's share price has dropped to $82.81, the highest being $100.67 touched today.

　　 Netqin refused to privatize offer Price of stock Drop 15%

Netqin announced on Tuesday that its board had previously had the opportunity to consider many strategic options. After careful consideration, the board decided to maintain the status of the listed company so as to maximize shareholder value. In this way, the board of directors of netqin officially rejected the offer of privatization of buffalo capital. However, the board of directors of netqin continues to evaluate the company's strategic plan from a broader perspective. For this reason, the company is still actively discussing with the buffalo capital about alternative opportunities such as investment and cooperation.

Netqin received $8 today, down 15.43% from the previous trading day. Since the beginning of this year, netqin has been short of muddy waters to catch up with fierce attacks, and has been accused of "Swindlers Company", and its previous image is bad, and privatization has become the only reason to maintain its current share price. Today's fall is also reasonable.

On Monday, netqin submitted its annual report to the securities and Exchange Commission for the year ended December 31, 2013, claiming that the audit company did not see any fraud and fraud in netqin after its review. Netqin reported in the report that after auditing the netqin financial data, the third party audit institutions did not find any fraud and fraud, and the audit data were consistent with the unaudited data released by netqin. However, in response to this report, muddy Shui believes that its selected audit firms are "biased" and supported by recent sharp rises in stock prices, and suspected insider trading exists in stock trading, requiring regulators to conduct an investigation as soon as possible.

In the past 52 weeks, netqin's share price has gone up like a roller coaster, reaching a maximum of $22.33 and a minimum of $3.45.