Alibaba plunged as much as 10% on Thursday after the SEC identified five potential Chinese stocks for potential delisting from US exchanges. One of the stocks identified by the SEC included Yum China, which fell as much as 15%. The companies identified by the SEC for potential delisting can respond with information to prevent the delisting.
Alibaba Plummets After SEC Names 5 Chinese Stocks for Potential Delisting comes via ChinaTechNews.com.
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