Alibaba’s shares gradually decline in price

12:51 - 2.12.2021


December 2, Fineko/abc.az. The cost of the shares of Alibaba Group Holding Ltd traded fell to the lowest level in history at the US stock exchanges.

ABC.AZ informs that over the past 13 months the value of Alibaba’s shares has decreased by $526 million.

This decline is compounded by concerns about the company.

Fintech, data, online advertising and content, which are the most important indicators of Alibaba's growth, are being studied by official institutions in Beijing.

 

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