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Alibaba Surges As the US and China Near Deal on Corporate Audits

Alibaba went public on the NYSE in 2014. Andrew Burton/Getty Images US-listed shares of Chinese firm climbed Thursday on the prospect that an auditing dispute could soon be resolved. The Wall Street Journal reported that US and Chinese officials have made substantial progress on a deal. Shares of Alibaba, JD.com, and other stocks took part in the rally. Get the inside scoop on what traders are talking about — delivered daily to your inbox. Loading Something is loading.
News Snapshot:
Alibaba went public on the NYSE in 2014. Andrew Burton/Getty Images US-listed shares of Chinese firm climbed Thursday on the prospect that an auditing dispute could soon be resolved. The Wall Street Journal reported that US and Chinese officials have made substantial progress on a deal. Shares of Alibaba, JD.com, and other stocks took part in the rally. Get the inside scoop on what traders are talking about — delivered daily to your inbox. Loading Something is loading.

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