Alibaba rises 3% after completing regulatory process

By  
Artur Stańczuk
September 1, 2024
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Summary:

Alibaba finished a three-year regulatory rectification after being fined $2.6B for monopolistic practices in 2021. The completion led to a 3% rise in its shares. China's SAMR guided the process, ensuring Alibaba's compliance with antitrust laws.

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