- Alibaba (BABA) fell 12.3% in premarket trading, below its 2014 IPO price of $68 on speculation of a continued crackdown on Chinese tech stocks as President XI secures a 3rd term. Do you think US-listed Chinese stocks like BABA have further to fall? https://www.cnbc.com/2022/10/24/alibaba-tencent-shares-plummet-as-xi-jinping-tightens-grip-on-power.html 72 comments wallstreetbets
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