News Snapshot:
- Chinese e-commerce giant Alibaba said it will comply with U.S. regulators and work to maintain its listings in New York and Hong Kong. - "Alibaba will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the NYSE and the Hong Kong Stock Exchange," it said in a statement to the Hong Kong bourse on Monday. The statement came after Alibaba was added to the U.S. Securities and Exchange Commission's list of Chinese companies at risk of being delisted for not meeting auditing requirements on Friday. As a result,...
