Chinese E-Commerce Giant Alibaba Held Its Annual Meeting Friday. The Stock Is Up.

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Sept. 17, 2021 9:25 americium ET

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Shares successful e-commerce elephantine Alibaba Group Holding were up 1.85% successful the premarket Friday, connected hopes of affirmative quality coming from its yearly wide meeting, since it hasn’t had excessively overmuch to observe lately.

Tension betwixt the U.S. and China has been heightened successful the past fewer months by Beijing’s regulatory crackdown connected Chinese tech companies, wiping worth disconnected a raft of companies. Alibaba has suffered, on with galore of China’s tech firms, implicit concerns astir accrued oversight from China’s authorities and delisting threats...

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