Alibaba shares collapsed to a historic minimum

Shares of the Chinese company Alibaba collapsed to a historic minimum during the trading in the Hong Kong Stock Exchange. At a maximum, securities lost 6.7 percent, trading data is evidenced. Later, the stock played a little drop in the fall, but at the closure still remained in a minus by 5.54 percent, stopping at a mark of 162.1 Hong Kong dollars (20.81 US dollars).

The sale of Internet giant securities continued on the stock exchange in New York. At preliminary trading on Thursday, Alibaba depository receipts lost 4 percent and dropped to $ 165.26 per piece. The reason for the fall was the actions of the Chinese authorities, who began to think about new restrictive measures for their own companies, indicates Bloomberg. Now they can touch the rights of drivers who work in large Internet companies, as well as video design services.

Earlier in August, the Shares of Chinese Giants Tencent and Alibaba fell almost five percent after the draft rules came out about the regulation of certain actions on the Internet. Among other things, the Internet platform will oblige discovery negative feedback and prohibit only positive.

/Media reports.