U.S.-Listed Shares of Alibaba and Slip After Huge Rally in Chinese Tech Giants

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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 0.6% in premarket trading Friday after closing with a gain of nearly 10% on Thursday. (JD) declined 0.7% after jumping 7.3% on Thursday. Baidu (BIDU) was down 1.1%, coming off its 10.5% gain in the previous session, and Bilibili (BILI) was down 3% after rising more than 12% on Thursday.


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