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Alibaba shares dive after cloud service called off | Borneo Bulletin Online

HONG KONG (AFP) – Shares in Chinese e-commerce titan Alibaba tanked more than seven per cent at the Hong Kong open Friday after the firm’s surprise decision to call off part of its high-profile restructuring because of the US-China chip war. In a move that shocked investors, the Hangzhou-based tech giant said Thursday that US […]
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Alibaba shares dive more than 7% after cloud service called off

Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring because of the US-China chip war.The firm's stock dived 7.13 percent soon after the starting bell in Hong Kong, tracking a collapse in its New York-listed shares.
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Source: yahoo.com

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