Shares Of Alibaba Were Sliding After The US Threatened To Remove The Company From The Exchanges.
Alibaba shares fell after the Securities and Exchange Commission announced on Friday that it had added Alibaba to a watchlist of Chinese firms whose stock may be kicked off Wall Street if US auditors cannot inspect their financial statements. On Monday, Alibaba’s US-listed shares plunged 11%, but later recovered some of those losses. Concern about […]