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Chinese Stocks On Boom: Alibaba Group Holding Limited (NYSE:BABA), Cheetah Mobile Inc. (NYSE:CMCM), Momo Inc. (NASDAQ:MOMO)

Alibaba Group Holding Limited (NYSE:BABA) moved up 3.12% in early trading session on Tuesday as the firm were recently breaking below the price set in the leading IPO in history as fears of a China-led worldwide slowdown rattled investors. A possible move below $68 would make China’s leading e-commerce firm the second high-profile tech company to fall below its IPO price this week following Twitter Inc on Thursday dropped below its 2013 IPO price. It would also be a possible embarrassment to founder Jack Ma and the underwriters who engineered Alibaba’s market debut previous September. by means of Wall Street in correction territory on Friday. The underwhelming stock performances from Alibaba and Twitter are being seen as a warning to investors enthralled in the hype surrounding mega-IPOs. Alibaba previous week posted its slowest income growth in over three years as its strategy to shift more services to mobile devices hurt advertising sales. On the other side, Stocks of Alibaba Group Holding Limited (NYSE:BABA) plunged -3.49% to traded at $65.80 in last session with shares volume of 31.27 Million. The Company showed a positive 31.70% in the net profit margin and in addition to its operating margin which remained 30.60%.

Will Alibaba Group Holding Limited...


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