After the announcement by the Chinese e-commerce giant Alibaba that it was abandoning its cloud business plan the day before, its share fell by more than 7% at the opening of the Hong Kong Stock Exchange on Friday, November 17.

Alibaba explained its fall by “American restrictions on the export of advanced computer chips.” The stock fell by 7.13% on the Hong Kong Stock Exchange and the group's shares listed on Wall Street also fell by 9.14% to 79.11 dollars. At 14:02 Hong Kong time, the stock continued to plummet, by nearly 10%. In February of last year, they priced at over 120 dollars

All bourses Chinese women are being bullied by the Chinese e-commerce giant, beyond& agrave; from Hong Kong, which lost 1.39% to 17,584.32 points in