Financial News

Monopoly Probe Drags Down Alibaba, China ETFs

Alibaba Group Holdings (NYSE: BABA) plunged and dragged down China country-specific exchange traded funds on Thursday as Beijing scrutinizes the e-commerce giant’s monopolistic practices. On Thursday, the iShares MSCI China ETF (NASDAQ: MCHI) declined 2.6% and the SPDR S&P China ETF...
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