Alibaba Stock Falls as China's Dreaded Tech Crackdown Is Back
Chinese tech stocks including Alibaba fell last week after China cracked down on tech again and proposed restrictions on online gaming
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Chinese tech stocks including Alibaba fell last week after China cracked down on tech again and proposed restrictions on online gaming
Alibaba which scraped its cloud segment’s IPO plans has now overhauled the top leadership at the key business segment. Key takeaways.
Alibaba is drifting towards its 52-week lows after it spooked markets by shelving the IPO plans of its cloud divisions.
JD.com (NYSE: JD) stock hit its all-time lows in yesterday’s price action as analysts get jittery over the growth outlook for the company
Alibaba (NYSE: BABA) would spin off its logistics arm Cainiao Smart Logistics Network Ltd amid the continued value-unlocking push.