Alibaba Group Holding (NYSE:BABA) is being crushed by politics, on both sides of the Pacific. Regulatory woes domestically and internationally are eating into BABA stock, toppling a company with otherwise fantastic valuation.
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China’s leading Cloud Emperor is down nearly 30% so far in 2021. All the technical signs are bearish. Chinese President Xi Jinping has hit the company with harsh regulations.
The crackdown on Chinese tech companies by the government has some investors considering Chinese investing as a whole. Alibaba doubly....More>>>