Alibaba stock pops after conclusion of regulatory overhaul

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Alibaba Group (BABA) shares are on the rise heading into Friday's market open, as the Chinese e-commerce giant concludes a three-year regulatory process. This comes after the company was hit with a multi-billion dollar antitrust fine by China’s State Administration for Market Regulation (SAMR) in 2021 for monopolistic practices.

Morning Brief co-hosts Brian Sozzi and Brad Smith break down the details of this development.

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This post was written by Angel Smith

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