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Alibaba (BABA) stock tanked over 13% on Christmas Eve, which doubled down on its 8% plunge in early November following the surprising Ant Financial's IPO halt.

Is this antitrust probe an impulsive scrutiny or a deliberate intervention by the Chinese government? What might be the outcome?

Let's put this incident into the holistic picture of China's economic policies.

#alibaba#stock#阿里巴巴

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