Alibaba Stock and Others Fall After New Chinese Scrutiny. Why the Worst May Be Over.

2 years ago 364

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/alibaba-stock-price-new-chinese-scrutiny-51637584637


Updated Nov. 22, 2021 8:10 americium ET / Original Nov. 22, 2021 7:37 americium ET

  • Order Reprints
  • Print Article

Alibaba, Tencent, Baidu, and different Chinese tech companies were nether unit Monday, aft the country’s contention regulator issued a flurry of caller fines implicit the weekend—the latest installment successful a question of antitrust investigations.

Shares successful Alibaba (ticker: BABA) were down 0.3% successful U.S. premarket trading, with the company’s Hong Kong-listed shares (9988.H.K.) having fallen 1.6% Monday. Tencent (0700.H.K.) slipped 0.3% successful Hong Kong portion Baidu (9888.H.K.) declined 2.1%.

China’s...


Read Entire Article