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Friday, Jun 25, 2021

Alibaba Investors Swap U.S. Shares for Hong Kong Amid Crackdown

Alibaba Investors Swap U.S. Shares for Hong Kong Amid Crackdown

Several of Alibaba Group Holding Ltd.’s biggest investors have converted billions of dollars in U.S. shares for Hong Kong stock in part to avoid potential U.S. sanctions and de-listings of major Chinese technology companies.
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