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.”

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

About Rich Turrin

Richard Turrin is an award-winning executive with over 20 years experience in fintech innovation. Rich most recently served as the senior executive heading fintech for IBM Cognitive Studios Singapore and worked for much of his career as a banker in fixed income. He is now an independent Consultant and helps clients navigate the uncharted waters associated with the latest AI and cognitive technologies. He is the author of Innovation Lab Excellence, co-author of the InsurTech book and enjoys spreading the message of digital transformation through conferences and blog posts.