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FXMAG COM>Articles>Stocks>Alibaba (BABA) Share Price...
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Why Property in Switzerland Remains One of Europe’s Most Sought-After Assets?

Why Property in Switzerland Remains One of Europe’s Most Sought-After Assets?

Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook

Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook

UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts

UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts

Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

Alibaba (BABA) Share Price Rises As Lockdowns Ease In China

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Alibaba (BABA) Share Price Rises As Lockdowns Ease In China| FXMAG.COM
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  1. BABA stocks to benefit as lockdowns in China continue to ease

    Summary:

    • Alibaba and other Chinese based companies may be able to return to normal production levels.

    BABA stocks to benefit as lockdowns in China continue to ease

    Although the US Stock markets are closed on Monday due to memorial day celebrations, Alibaba Share price has risen in the wake of China beginning to re-open after Covid-19 lockdowns. The lockdowns in China had taken a toll on many Chinese based companies due to slowing production, however, the easing of the lockdowns means that companies like Alibaba have a chance to start speeding up their production.

    Currently, according to a source on finance.yahoo.com, the shares of Alibaba are fairly priced at the moment.

    alibaba baba share price rises as lockdowns ease in china grafika numer 1 ✕alibaba baba share price rises as lockdowns ease in china grafika numer 1 BABA Price Chart

    Read next: S&P 500 Sees Good Start To The Week, UK Economy Not Performing As Well As Its Major Economy Counter Parts 

    Sources: finance.yahoo.com

    Rebecca Duthie

    Rebecca Duthie

    Remote Editor and writer Intern
    FXMAG.COM

    Rebecca has a bachelors degree in Investment Management, a Post Graduate Diploma in Financial Planning and is currently enrolled in a Masters program in International Management with a Specialization in International Finance. 

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