U.S.-Listed Shares of Alibaba and JD.com Slip After Huge Rally in Chinese Tech – Barrons

Alibaba and other Chinese tech giants listed in the U.S. traded lower Friday but only after surging during the previous session in an attempted rebound from what has been a rocky year.

Alibaba (ticker: BABA) fell 1.8% on Friday after closing with a gain of nearly 10% on Thursday. JD.com (JD) declined 0.2% after jumping 7.3% on Thursday. Baidu (BIDU) was down 0.9%, coming off its 10.5% gain in the previous session, and Bilibili (BILI) was down 2.5% after rising more than 12% on Thursday.

The…

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