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Top News In Sern Ling Today - Breaking & Trending Today
China's Record Alibaba Fine Shows Big Tech Can't Fight Back bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
China's Third Richest Person Cedes Control of E-Commerce Phenom msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.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.
Synopsis Alibaba fell more than 5 per cent and Tencent dropped as much as 4.4 per cent in Hong Kong trading on Thursday, tracking losses in their New York-listed securities. Getty Images At $1.3 trillion, the combined market value of their primary listings is nearly twice the size of Spain’s stock market, while the firms together account for about 11 per cent of the weighting for MSCI Inc.’s emerging markets benchmark. Alibaba Group Holding Ltd. and Tencent Holdings Ltd. led a technology stocks selloff as the Trump administration considers barring investments in China’s two most valuable companies. Alibaba fell more than 5 per cent and Tencent dropped as much as 4.4 per cent in Hong Kong trading on Thursday, tracking losses in their New York-listed securities. The State Department, Department of Defense and Treasury Department are among authorities involved in the deliberations, according to people with knowledge of the talks. The discussions focus in pa ....