Here’s Why Alibaba Shareholders Shouldn’t Panic
US-listed Chinese stocks plunged late September after it was rumored that the White House was mulling over new restrictions on US investments in China. E-commerce giant, Alibaba Group Holdings Ltd (NYSE: BABA) was not spared, with shares plunging more than 5% when the news broke.
However, investors shouldn't scramble for the exit just yet. Here's why I am still optimistic about the tech giant's long-term opportunity.
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Source Fool.com