Alibaba Stock Falls. The Chinese E-Commerce Giant Says Speculation About HQ Move ‘Untrue.’

Alibaba Stock Falls. The Chinese E-Commerce Giant Says Speculation About HQ Move ‘Untrue.’

STOCKSTOWATCHTODAY BLOG Stock in Alibaba the Chinese e-commerce site, fell 7% in Hong Kong trading on Monday after speculation that the company is moving its headquarters out of the country to Singapore.