BABA Stock: China Internet To Report Results

The bellwether stock for China internet companies, e-commerce giant Alibaba Group (BABA), reports quarterly results early Wednesday. The report on BABA stock could give insight into where the economy of the world’s most populous nation is headed.

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Shares of Alibaba, like almost all China internet stocks, have been hammered the past two years. Alibaba is more than 70% off its record high set in October 2020. Factors in the downfall include a strict regulatory environment, economic…