China’s Tech Giant Alibaba Lost 77% Market Value in Two Years
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27 views • 10/24/2022

https://gnews.org/articles/484864

10/22/2022 Alibaba's shares in Hong Kong reached a record low since its listing in Hong Kong in 2019, closing at $8.19 (HK$69.90) on Thursday, down 3.85% for the day.The Chinese e-commerce giant’s stock has lost around 77% in two years, wiping out $637 billion in market value.

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