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Once high-flying Chinese tech giants are now looking to scale back costs

Alibaba says will work to keep trading in U.S., Hong Kong after being added to SEC delisting risk list

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022.

Kuang Da | Jiemian News | VCG | Getty Images

Chinese tech giants Alibaba and Tencent often talk about all of their innovations and new products during earnings calls with investors.

But the second quarter…


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