Plus, Japan’s prime minister reshuffles cabinet and Foxconn stake in Chinese chipmaker under scrutiny
Once an investment darling, Alibaba (NYSE: BABA) has fallen from grace. The continued crackdown on tech companies in China, the threat of delisting, and the worsening geopolitical relationship between the U.S. and the Chinese government make the stock seem almost uninvestable. Alibaba has been a symbol of excellence and quality.
Japanese investor will not buy back shares in derivative deals, marking historic shift in relationship with Chinese group