Newsclip®: [Business] Alibaba Down 8% On SEC Accounting Probe - Emerging Markets Daily -

"Shares of Alibaba Group Holdings (BABA) were down 8% in Wednesday afternoon trading after the Chinese online retail giant revealed it is under investigation by the U.S. Securities and Exchange Commission for possible accounting violations.Barron's recently highlighted U.S. accounting restrictions as a reason Alibaba would likely hold offerings in Asia.READ MORE>>",

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