Alibaba, Other China Nets Buck Stock Market Selloff

By | October 15, 2014

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Alibaba Group (BABA) and several other Chinese stocks are enjoying modest gains even as the overall stock market today suffered big intraday losses. China’s consumer-price index rose just 1.6% in September vs. a year earlier, the lowest since January 2010, according to the National Bureau of Statistics. The country’s September’s figures mark a decline from a 2% gain in August and missed views for a 1.7% rise forecast by analysts. Declining Scalper1 News

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