Alibaba, Other China Nets Buck Stock Market Selloff
Alibaba Group (BABA) and several other Chinese stocks are enjoying modest gains even as the overall stock market today suffered big intraday losses. China’s consumer-price index rose just 1.6% in September vs. a year earlier, the lowest since January 2010, according to the National Bureau of Statistics. The country’s September’s figures mark a decline from a 2% gain in August and missed views for a 1.7% rise forecast by analysts. Declining