What's Going On With Alibaba Shares


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Alibaba Group Holding Ltd - ADR (NYSE:BABA) shares are trading marginally higher by 1.57% to $80.05 Monday morning, rebounding following recent weakness. Shares of Chinese companies at large are trading higher, strength may be due to hopes of China easing COVID-era restrictions for travelers in Macau.

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Macau's chief executive Ho Iat Seng has said China would resume an e-visa scheme for mainland travelers and permit group tours, per Reuters

The report suggests that for the first time in nearly three years, mainland tour groups will resume in November in China's special administrative region. Currently, Chinese tourists to Macau are required to book a visa appointment...Read More

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According to data from Benzinga Pro, Alibaba has a 52-week high of $182.09 and a 52-week low of $73.28.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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