Qihoo, Alibaba-Backed Momo Tested By China Crash

By | July 8, 2015

Scalper1 News

Alibaba led the financial news for months as the China-based Internet conglomerate made its $25 billion IPO — the biggest ever — on the New York Stock Exchange last fall. Now many U.S.-listed Chinese firms plan an about-face. They’re delisting from the U.S. stock market and going private. Many aim to go public in China despite a crash in the Chinese exchanges that follows big run-ups that many analysts called a bubble. Some observers see the Scalper1 News

Scalper1 News