Why Alibaba Stock and Other Chinese Tech Shares Are Falling
1. Chinese tech stocks, including BABA, fell amid AI bubble concerns. 2. BABA's ADRs dropped by 2.2% despite a 104% YTD gain. 3. Increased U.S. chip import restrictions heighten trade war fears. 4. Warnings on AI valuations have spread to broader market declines. 5. Alibaba slumped 4.6% in Hong Kong amid rising trade tensions.