Even Though Hong Kong Stocks Fall, Alibaba is Awaited to Skyrocket

As a result of the Xinhua News Agency’s criticism of internet gaming addiction, Hong Kong’s stock market fell, raising fears that the industry may be the next to be targeted by Beijing’s regulatory arm. After the newspaper withdrew the item, losses were reduced. After dropping as much as 1.8 percent, the Hang Seng Index fell by 0.2 percent to 26,194.82. Tencent Holdings and NetEase…


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