11:11 AM EST, 11/21/2025 (MT Newswires) -- (Updates with Alibaba's ( BABA ) reply in the fifth paragraph.)

Morgan Stanley ( MS ) and a group of banks postponed a deadline for investors to evaluate $589 million of ServerFarm data center bonds amid concerns about links to Alibaba Group Holding ( BABA ) , Bloomberg News reported Thursday, citing people familiar with the matter.

A new risk disclosure was added to the bond documents, noting that an Alibaba ( BABA ) affiliate accounts for more than one-fifth of the deal's annual revenue from customer contracts, the report said.

Concerns emerged after a Financial Times report on a confidential White House memo suggested potential connections between Alibaba ( BABA ) and the Chinese military without providing details, the report said.

An Alibaba ( BABA ) spokesperson said that the Financial Times article was false, Morgan Stanley ( MS ) declined to comment, and ServerFarm didn't respond to requests for comment, Bloomberg reported.

"The assertions and innuendos in the article are completely false. We question the motivation behind the anonymous leak, which the FT admits that they cannot verify," Alibaba ( BABA ) told MT Newswires, adding that it appears to be an attempt by a rogue source to undermine President Trump's recent trade deal with China.

Morgan Stanley ( MS ) and ServerFarm, based in El Segundo, California, didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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