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Alibaba pares gains as Chinese state media denies report PBOC accepted Ant application

Jun. 17, 2022 10:43 AM ETAlibaba Group Holding Limited (BABA)By: Joshua Fineman, SA News Editor33 Comments

Alibaba headquarter

maybefalse/iStock Unreleased via Getty Images

  • Alibaba (NYSE:BABA) gave back most of its gains on Friday after Chinese state media denied an earlier report that the People's Bank of China had accepted Ant Group's application to set itself up as

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