Alibaba Stock Surges Following Regulatory Overhaul Completion

Reported about 1 month ago

Alibaba Group (BABA) shares are experiencing an increase as the company concludes a three-year regulatory overhaul, which included a hefty antitrust fine imposed by China’s State Administration for Market Regulation (SAMR) in 2021. This positive market movement is highlighted by Morning Brief co-hosts Brian Sozzi and Brad Smith as they discuss the implications of this significant development.

Source: YAHOO

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