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Econo Asia™ > Blog > News > Markets > Shanghai Stock Exchange (SSE) > Alibaba and Tencent: China’s internet giants snap up their own shares to boost flagging stock market value
Shanghai Stock Exchange (SSE)

Alibaba and Tencent: China’s internet giants snap up their own shares to boost flagging stock market value

NEWSROOM
Last updated: April 16, 2024 4:22 pm
By NEWSROOM
0 Min Read
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Contributor/Bloomberg/Getty Images

Alibaba has spent billions on buying back its shares.

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.


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China and Hong Kong sold off nearly $5 trillion, worth more than India’s stock market
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