Chinese Big Tech shares plunge following Alibaba’s big drop — RT Business News

Chinese Big Tech shares plunge following Alibaba’s big drop — RT Business News

Source link The e-commerce giant had previously scrapped plans to spin off its cloud business over US chip export restrictions Chinese tech stocks in Hong Kong plummeted on Friday shortly after a massive decline in Alibaba Group shares that followed the online retailer’s announcement to scrap plans to spin off its cloud business. Alibaba Group’s Hong Kong […]