A motorist drives past an Alibaba office building in Shanghai. Alibaba has shed more than $230bn in value from its recent peak as authorities have increased scrutiny over China's largest technology firms. Bloomberg
A motorist drives past an Alibaba office building in Shanghai. Alibaba has shed more than $230bn in value from its recent peak as authorities have increased scrutiny over China's largest technology fiShow more

Markets

Chinese tech stocks continue slide as investors fear regulatory crackdown

Alibaba shares fall 8% despite the company increasing size of a stock repurchase plan to $10bn from $4bn

Bloomberg

December 28, 2020

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