December 24, 2020 Sophia Vida

Alibaba Shares Plummet on Chinese Anti-monopoly Probe

Shares of Alibaba were falling after reports revealed that the company is having an anti-monopoly probe done by the Chinese government. China’s State Administration for Market Regulation said through official online channels on Thursday that it has opened an investigation into the company over monopolistic practices. The primary issue identified was a practice that forces … Continue reading “Alibaba Shares Plummet on Chinese Anti-monopoly Probe”