News Snapshot:
SINGAPORE — Shares of Chinese tech giant Alibaba in Hong Kong were in the spotlight once again on Monday. That came after Chinese regulators ordered Alibaba-affiliate Ant Group to rectify its businesses . In early trading on Monday, Hong Kong-listed shares of Alibaba plunged 4.73%, adding to losses for Alibaba. The stock had also dived last Thursday following reports that Chinese regulators will probe the tech behemoth for suspected monopolistic behavior. Shares of other Hong Kong-listed Chinese tech firms also declined: Tencent fell 3.24% while Meituan slipped 2.29%. The broader Hang Seng Tech index shed 1.74%. Meanwhile, stocks in Asia...
