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Here’s why the Alibaba stock is crashing in Hong Kong today

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Alibaba stock price dropped sharply in Hong Kong, reaching its lowest level since July 30th, as traders reacted to its earnings report and its plan to dilute shareholders. It plunged to H$111, down substantially from this month’s high of H$…

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Here’s why the Alibaba stock is crashing in Hong Kong today
Invezz 1h ago

Here’s why the Alibaba stock is crashing in Hong Kong today

Alibaba stock price dropped sharply in Hong Kong, reaching its lowest level since July 30th, as traders reacted to its earnings report and its plan to dilute shareholders. It plunged to H$111, down substantially from this month’s high of H$…