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Alibaba joins the ranks of Internet giants accompanied by regulators



Add Chinese Internet giants to the list of technology companies facing increasing scrutiny by regulators. Since Chinese regulators targeted Alibaba’s internet giant earlier this month, Alibaba Group’s share price has fallen 11%. But investors may want to wait before buying a drop.

Just as the United States is concerned about the growing power of large-scale technology, Chinese regulators are also increasingly concerned about the dominance and influence of large-scale Internet platforms, such as Alibaba (stock code: BABA) and its subsidiary Ant Group, which have regulatory powers. …


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