Benzinga
Why Alibaba Shares Are Rising
Shares of Chinese companies, including Alibaba Group Holding Ltd (NYSE: BABA), are trading higher as the sector rebounds from recent weakness despite continued regulatory concerns. The gaming, education and technology sectors have been under regulatory pressure this year, which has driven volatility in the overall Chinese market. Alibaba shares were otherwise trading lower last week on continued volatility in Chinese stocks amid regulatory concerns. The SEC reportedly started issuing additional
