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Published 19:41 IST, March 27th 2024

Alibaba sends out SOS on Hong Kong’s market

Cainiao Smart Logistics Network filed to go public in September to much fanfare.

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Reuters Breakingviews

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Market Value Plunge: Alibaba Group's market value drops by $20 billion as it abandons plans to spin off its cloud business due to U.S. chip export restrictions.

Alibaba sends out SOS on Hong Kong’s market | Image: Alibaba

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19:41 IST, March 27th 2024