Alibaba shares see largest drop in two months amid Chinese regulatory crackdown

1. 1Alibaba shares fell by as much as 6.1% on Thursday, marking their largest decline in two months.
2. 2Chinese authorities summoned e-commerce operators to demand stricter product quality standards and enhanced consumer protection.
3. 3The Hang Seng Tech Index plunged by as much as 4.7%, bringing its year-to-date decline to 31%.

Source Bloomberg · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →