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Alibaba Struggles In Hong Kong Trading Before Earnings, Shares Dip As US Funds Jump In, But Asia Pulls Back

Summary

Alibaba Group Holding Ltd. shares traded at HKD 120.60 ($15.49) on Thursday in Hong Kong, down 2.82% ahead of its third-quarter earnings announcement, reflecting divergent investor sentiment between US and Asian institutions.

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Article published on February 20, 2025 by benzinga