Why Alibaba Jd.Com And Tal Education Group Are Falling Today
Shares of Chinese e-commerce specialists Alibaba (BABA -9.25%) and JD.com (JD -4.54%) were down roughly 8.5% and 5.5%, respectively, as of 9:52 a.m. ET. Meanwhile, shares of the online tutoring company TAL Education Group (TAL -7.97%) had fallen almost 9%. So what Earlier this week, Alibaba announced that it plans to do a dual stock listing and list shares in Hong Kong in addition to its current listing on the New York Stock Exchange....