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Sept. 17, 2021 9:25 am ET
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Shares in e-commerce giant Alibaba Group Holding were up 1.85% in the premarket Friday, on hopes of positive news coming from its annual general meeting, since it hasn’t had too much to celebrate lately.
Tension between the U.S. and China has been heightened in the past few months by Beijing’s regulatory crackdown on Chinese tech companies, wiping value off a raft of companies. Alibaba has suffered, along with many of China’s tech firms, over concerns about increased oversight from China’s authorities and delisting threats...