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BABA Jun 2024 85.000 put
| Previous close | 7.05 |
| Open | 6.66 |
| Bid | 6.40 |
| Ask | 6.50 |
| Strike | 85.00 |
| Expiry date | 2024-06-21 |
| Day's range | 6.43 - 7.30 |
| Contract range | N/A |
| Volume | |
| Open interest | 18.31k |
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Alibaba Group Holding Limited (NYSE:BABA) plans to construct a data center in Vietnam to meet legal requirements for local data storage and to cater to increasing demand in one of Asia’s fastest-growing economies. Currently, Alibaba rents server space from Vietnamese state-owned telecommunications companies Viettel and VNPT. The arrangement follows Vietnam’s contentious 2022 law mandating that companies store data within the country—a regulation that sparked resistance from major tech firms like
