Alibaba shares collapse after cloud service spinoff cancelled
Shares in Chinese ecommerce titan Alibaba tanked 10 percent in Hong Kong on Friday after the firm's surprise decision to call off
Alibaba shares collapse after cloud service spinoff cancelled

Shares in Chinese ecommerce titan Alibaba tanked 10 percent in Hong Kong on Friday after the firm’s surprise decision to call off part of its high-profile restructuring because of the US-China chip war. In a move that shocked investors, the Hangzhou-based tech giant said Thursday that US curbs on exports of advanced chips had forced […]

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