SINGAPORE — Shares of Chinese tech giant Alibaba in Hong Kong were in the spotlight once again on Monday, after Chinese regulators ordered Alibaba-affiliate Ant Group to rectify its businesses. By the Hong Kong market close on Monday, shares of Alibaba listed in the city plunged 7.98%, adding to losses for the firm. The stock had also dived last […] Read more
Stocks in Asia dropped on Monday as investors weighed the potential impact of recent spikes in coronavirus cases. In Japan, Nikkei 225 dropped 3.47% to close at 21,530.95 while the Topix index slipped 2.54% to end its trading day at 1,530.78. Over in South Korea, the Kospi plunged 4.76% to close at 2,030.82. Mainland Chinese stocks were lower on the day, […] Read more
