Rich Turrin

Industry Leader in fintech and digital transformation

WSJ Quote: “The recent Alibaba selloff may have more to do with overreaction based on fear, rather than a rational revaluation of Ant and Alibaba.”

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Always nice to get picked up by the Wall Street Journal

Richard Turrin, a financial-technology industry consultant, said the recent Alibaba selloff may have more to do with overreaction based on fear, rather than a rational revaluation of Ant and Alibaba.

“Whenever China introduces such harsh regulations against big private conglomerates, people think of iron fist policies that might crush the latter. But Ant and Alibaba shouldn’t be that kind of case,” he said.

 

Alibaba Shares Tumble Again After Beijing Tightens Screws on Ant Group - WSJ

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Rich Turrin

About Rich Turrin

Rich Turrin is the international best-selling author of “Cashless – China’s Digital Currency Revolution” and “Innovation Lab Excellence.” He is an Onalytica Top 100 Fintech Influencer and an award-winning executive previously heading fintech teams at IBM following a twenty-year career in investment banking. Rich is a leading media commentator and advisor on China’s digital currency and tech scene. Living in Shanghai for more than a decade, Rich experienced China going cashless first-hand.