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FXMAG>Articles>Stocks>Alibaba (BABA) Share Price...
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Romania: NBR Maintains Dovish Bias Despite Higher Inflation Forecasts

Romania: NBR Maintains Dovish Bias Despite Higher Inflation Forecasts

Polish Inflation Eases in October; NBP Has Room for Further Rate Cuts

Polish Inflation Eases in October; NBP Has Room for Further Rate Cuts

Market Outlook: US Recovery Post-Shutdown and CEE Monetary Policy

Market Outlook: US Recovery Post-Shutdown and CEE Monetary Policy

Early Third-Quarter Data Shows Stagnation Amid Weak Labour Market

Early Third-Quarter Data Shows Stagnation Amid Weak Labour Market

Dollar Eyes Soft US Data While EUR, GBP, and CZK React to Policy and Fiscal Developments

Dollar Eyes Soft US Data While EUR, GBP, and CZK React to Policy and Fiscal Developments

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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Table of contents

  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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