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(adsbygoogle = window.adsbygoogle || []).push({}); Chinese Regulators Penalize Alibaba for Past Deal Devina Lohia- November 22, 2021, 11:34 AM EDT SHARE ON: Chinese market regulators have fined Alibaba (BABA), Baidu (BIDU) and JD.com (JD) on November 20 for failing to declare 43 deals, according to CNBC. Shares of Alibaba, the Chinese company that operates online and mobile marketplaces for retail and wholesale trade, have lost 48% over the past year. (See Insiders’ Hot Stocks on TipRanks) (adsbygoogle = window.adsbygoogle || []).push({}); The Deals Dating to 2012, the 43 deals have violated anti-monopoly legislation, and the companies involved will be fined...
