Why Alibaba Stock Could Be Ready to Rally

Shares of Chinese e-commerce giant Alibaba (BABA) – Get Alibaba Group Holding Limited American Depositary Shares representing eight reports each climbed 36% on March 16 after financial authorities announced they were working on a plan to cooperate with US regulators. The aim of the plan is to prevent Alibaba and other China-based companies from pulling out of US exchanges.

Until now, regulatory hurdles were the main hurdles keeping investors away from Chinese companies. With its threat of delisting lifted, is Alibaba’s stock ready to rebound?

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