Alibaba stock saw a jump on Monday after falling throughout most of 2021. Could this comeback be due to economic conditions or firm reorganisation?
Alibaba Gained Sharply after Founder Jack Ma appeared for the first time on Sunday since criticising the government in October 2020 and after the company released a new chip that will challenge Amazon's cloud business.
Chinese investors extended a selloff Monday over ongoing concerns that Beijing wants to increase regulation hurdles to business. Alibaba and other internet giants targeted by officials underperformed.
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