Tmall double 11 Carnival in the world is approaching, a company called "New York post" of the American media mentioned again half a year ago SEC (SEC) for a routine information Alibaba and Alibaba, said a senior staff in providing clues to the investigation SEC.
Alibaba spokesman pointed out that as a global concern of the listed company, candid response from all walks of life question, is our responsibility, we actively cooperate fully with all sorts of questions and queries, we also believe that the day will come.
for double 11 during this article up reports, the spokesman said: "we are already accustomed to the annual double 11 period, all kinds of attacks and stirred up. This is not the first time, it will not be the last, more and more absurd and ridiculous, but it will not be in full swing for the impact and interference we double 11, double 11 instead, Tmall also because in the face of adversity temper, to become a truly global consumer carnival."
May 25, 2016, Alibaba submitted to the SEC fiscal year 2016 annual report. The annual report disclosure initiative from the SEC routine information inquiry. SEC once reminded, routine inquiry should not by the commission or the Commission staff to explain or implied as a violation of federal law. The paradox is, then the message is known as the "Alibaba accept SEC strict investigation" of the news was spread. Pacific Plaza analysis (Pacific Square Research) and other short institutions continue to express their views, and appeared in the "post" report. This is the message sources, Ali to be questioned or with the domestic competitors report.
this, the spokesman stressed: Ali investors, we have detailed and transparent information disclosure, to provide you with the understanding and judgment of Ali’s reference. At the same time, according to the clues and evidence that we have mastered, we reserve the right to exercise legal action against the malicious acts of the short sellers and competitors."
in the so-called executives leaked by the media after the disclosure, fortune writer Jay Somaney will be the recent negative remarks against Alibaba as a new investment opportunities. Somaeny said that the bears for Ali improper accounting operations exaggerated exaggerated.
Goldman Sachs analyst PiyushMubayi said, Alibaba is the favorite China Internet Corporation stock, he thinks the market growth prospects and Chinese retail profits will continue to boost the Alibaba, including e-commerce, payment, media, business and other major business cloud plate will increase.
in addition, Citigroup’s latest report also shows that there is still room for appreciation of the Alibaba, its analyst Alicia Yap Alibaba’s target price increased from $133 to $112.
fact, SEC’s routine inquiry did not affect investors.