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Chinese Regulators Penalize Alibaba for Past Deal – NewsBreak

News Snapshot:

Chinese market regulators have fined Alibaba (BABA), Baidu (BIDU) and JD.com (JD) on November 20 for failing to declare 43 deals, according to CNBC. Shares of Alibaba, the Chinese company that operates online and mobile marketplaces for retail and wholesale trade, have lost 48% over the past year. Insiders’…

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