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What's Going On With Alibaba And Its Chinese Peer Stocks On Friday? - Alibaba Gr Holding (NYSE:BABA)

China retaliates against U.S. chip sanctions, affecting Alibaba, Intel, AMD, Baidu, JD, and PDD stocks. Alibaba cuts cloud service prices by up to 59% in response to competitive pressures and U.S. sanctions. BABA, BIDU, JD, and PDD shares down on Friday.

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