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Stock impact report

Meituan, Alibaba Shares Jump as China Seeks to Curb Price Wars [Yahoo! Finance]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
in the sector, spurring hopes that authorities will rein in subsidy-driven price wars. Market leader Meituan's stock rallied 6.6% in Hong Kong, the most since May 29. Shares of Alibaba Group Holding Ltd., the biggest challenger to Meituan, rose 5.3% while those of JD.com Inc gained more than 2%. Most Read from Bloomberg New Design Plans Revealed for White House Ballroom In Birmingham, a Stadium Plan Shows UK Football's Flashy Side Summit Properties Wins Auction for Bankrupt NYC Apartments New LA Home Designs, Reimagined By Fire Crypto Adherents Advance Their Vision for City-Building “The increased scrutiny on competition will be supportive of industry margins,” said Catherine Lim, an analyst at Bloomberg Intelligence. “It will curb subsidy-led expansion and raise compliance costs for new entrants.” The State Council's anti-monopoly and anti-unfair competition committee will look into competition behavior among delivery platforms under China's antitrust law through on Show less Read more
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