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Market Impact: 0.35
Alibaba Shares Post Steepest Drop in Two Months on China Curbs
Source: Bloomberg
Regulation & LegislationConsumer Demand & Retail
Alibaba shares recorded their steepest decline in two months as investors reacted to Chinese authorities’ push for tighter product-quality standards and stronger consumer protection. The article gives no percentage decline or further details on the proposed measures.
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