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Concerns about sluggish Chinese economic growth helped drag down a host of China’s Internet stocks on Monday after one of the country’s finance officials reiterated there would be no major stimulus measures despite the economic slowdown. Alibaba (BABA), the China e-commerce giant that raised $25 billion during the largest-ever U.S. IPO on Friday, was down 4% in late afternoon trading on the stock market today, near 90. Alibaba stock, priced at Scalper1 News
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