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Alibaba inventory plunges after China launches antitrust probe
Alibaba Group’s inventory worth plunged Thursday as Chinese language regulators launched an antitrust investigation into the e-commerce large.
Alibaba’s New York-listed shares dropped about 9.9 % to $230.80 in premarket buying and selling as of 9 a.m.…
This news comes via ChinaPulse.com, which delivers news, data, analysis, and insights on Chinese business, travel, finance, health, military, investment, and technology.