StockWatch: De-listing Fears Hit Alibaba

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Alibaba​ stocks have been hammered amid fears that it could be de-listed in America​.

The SEC​ adopted a law that threatens to remove companies from the stock exchange unless they comply with American auditing standards.

Meanwhile, trade union Unite​ is setting up a hotline for Amazon​ staff to complain about their treatment at work. Will this put a halt to the company’s recent popularity?

Furthermore, as optimism rises over a potential global economic recovery from the pandemic, investors may look to rotate their portfolios away from tech​, and into other areas such as stocks​ that gain as the economy recovers.

Timestamps:
– BABA​ 02:10​
– AMZN​ 04:05

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