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Benzinga

Why Alibaba Shares Are Rising

Shares of several Chinese companies, including Alibaba Group Holding Limited (NYSE: BABA) are trading higher following China’s Golden Week holiday. Also, reports suggest that data showed services activity in China returned to positive levels. Alibaba and several other Chinese stocks also traded higher in yesterday’s session amid a Beijing comment that its diplomat Yang Jiechi’s meeting with White House National Security Adviser Sullivan was constructive. The company’s stock has increased by appr

China presses U.S. to cancel tariffs in test of bilateral engagement

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