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Alibaba gets halted

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Miguel A. Rodriguez
Miguel A. Rodriguez
04 November 2020
Alibaba falls after Ant group’s Shanghai listing is suspended.
  • #Alibaba Group Holding Ltd.’s U.S.-traded shares slid as much as 6.7% after the Shanghai stock exchange said it suspended Ant Group Co.’s $35 billion listing.
  • An Amsterdam-based startup allows users to launch custom and exotic decentralized derivatives that anyone with an internet connection and an #Ethereum wallet can access.
  • Banking and auto stocks propelled the European #stock benchmark to a one-week high, while investors anticipated a clear win for Democrat Joe Biden in the U.S. presidential election.

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Miguel A. Rodriguez
Miguel A. Rodriguez
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Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.