U.S. SEC has placed Alibaba to a list of Chinese companies at risk of being delisted in 2024.

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For almost a decade, Alibaba embodied China’s economic miracle, sustaining a dizzying pace of growth and approaching trillion-dollar valuations. That spectacular run officially ended in early August when Alibaba reported its first-ever decline in quarterly revenue.

The milestone is a reminder for investors that, after a government crackdown that wiped large chunk of its market value in 2021, Alibaba is shadow of its former self. Like the rest of the country, Alibaba is grappling not just with an uncertain regime but also Covid Zero and a consumer crisis that’s testing the stability of the world’s No. 2 economy.

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U.S. SEC has placed Alibaba to a list of Chinese companies at risk of being delisted in 2024.

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U.S. SEC has placed Alibaba to a list of Chinese companies at risk of being delisted in 2024.

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PARTENAIRE N°1: PARTENAIRE N°1: TOUTES LES MUSIQUES DU MONDE SUR MJSMUSIC PARTENAIRE N°2: CE LIEN CACHE DES TRÉSORS. ÊTES-VOUS PRÊT À LES DÉCOUVRIR? CLIQUEZ ICI! PARTENAIRES N°3) AJOUTEZ VOS ANNONCES! C'EST GRATUIT