Alibaba, Other China Stocks Fall As Market Collapses

By | August 24, 2015

Scalper1 News

AlibabaGroup (BABA), Baidu (BIDU) and a host of other once high-flying China-based stocks took significant hits early Monday as the Shanghai and Shenzhen stock exchanges plummeted once again overnight, triggered by fears of an economic slowdown. The latest stock market decline signaled financial industry fear after China’s government did not announce policy support over the weekend as expected, after the Shanghai Composite index suffered an 11% Scalper1 News

Scalper1 News