(CNBC) Shares of Alibaba fell in both Hong Kong and extended-hours U.S. trading as reports surfaced that the Chinese government is conducting an anti-monopoly probe into the tech giant. China’s State Administration for Market Regulation said through official online channels Thursday it has opened an investigation into Alibaba over monopolistic practices.
Alibaba shares fall after reports of anti-monopoly probe by China
This entry was posted in Syndicated. Bookmark the permalink.