U.S.-Listed China Stocks Slide As Shanghai Crashes

By | July 27, 2015

Scalper1 News

Chinese securities listed on U.S. exchanges are getting hit hard in the stock market today as China’s major indexes took their biggest one-day plunge in eight years. Alibaba (BABA) gapped down in above average volume, erasing gains from the last seven sessions. The e-commerce giant has tried to dig itself out of its downtrend over the last several months, but it’s still trading more than 30% below its all-time high of 120 set last November. Scalper1 News

Scalper1 News