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Alibaba Warns of Higher Taxes as China Crackdown Widens themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.
Alibaba said to warn of higher taxes as China crackdown widens moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.
Alibaba warns of higher taxes - Taipei Times taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
JD.com Slides After E-Commerce Giant Signals Spending Spree yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
By Chong Koh Ping and Stella Yifan Xie Shares in Alibaba Group Holding Ltd. tumbled Thursday, extending a recent pullback, as China stepped up pressure on the e-commerce giant and its billionaire boss Jack Ma. Alibaba s Hong Kong stock dropped 8.1% to 228.20 Hong Kong dollars, its lowest point since July, in a shortened pre-Christmas trading session. The decline means Alibaba has now fallen more than 25% since a late October peak, when it was riding high ahead of a planned blockbuster listing of its financial-technology affiliate, Ant Group. On Thursday, Chinese regulators said they were taking actions against Alibaba and Ant Group, weeks after China stopped an expected $34 billion listing by Ant in Hong Kong and Shanghai. ....