Alibaba Group Holding Ltd

Apple Inc. (NASDAQ:AAPL) and Alibaba Group Holding Ltd (NYSE: BABA) have affirmed it is the perfect time to tap the debt market and raise capital. The two tech giants have carried out a series of bond issuance, taking advantage of record-low interest rates to raise cheap capital to finance buybacks as well as working capital.
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China has affirmed its tough stance against tech giants, accused of engaging in anticompetitive and antitrust practices. Beijing has heightened crackdown in recent weeks as it looks to curb the power that some of the influential companies wield. Tech Giant Crackdown The State Administration for Market Regulation has already hit Alibaba and a Tencent backed
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