
[Week in China] Not clicking like it used to
China Stories
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Ali Baba's Shares Soaring Nearly 15 % in the Trade Session
Ali baba's market value now stands at about 260 billion us. Dollars, or nearly 70 % below its peak in 20 20 before the ant group deal was pulled by infuriated officials. Two of ali baba's closest rivals, j d dot com and pintot have both shown slowing growth in recent earnings announcements. As tension continues to flare n the world's two biggest economies, there's more uncertainty ahead.
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