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Benzinga
Benzinga
Business
Henry Khederian

MYSTERIOUS: Why alibaba shares are falling 689f1e8f bca5 4ffa ab10 932a74e92ec0 - You Need To See This

Shares of Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE:BABA), are trading lower as investors assess the economic impact of a surge in COVID cases in China.

According to an SCMP report, Hong Kong will start easing social-distancing rules that have been in place for months from April 21, including an extension of dine-in hours for restaurants. It added that people would be permitted to take off their masks when visiting parks and exercising outdoors.

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