Published On: Mon, Dec 28th, 2020
World | By

Alibaba shares slump amid concerns about regulatory crackdown

CHINA-ANTGROUP/

Alibaba shares slumped nine per cent to their lowest level since June on Monday, as the firm’s upsized $ 10 billion US buyback program failed to ease concerns about a regulatory crackdown on co-founder Jack Ma’s e-commerce and financial empire.

CBC | World News




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