The Alibaba Group booth at the World Artificial Intelligence Conference (WAIC) in Shanghai in 2023.
Qilai Shen/Bloomberg
Shares in Chinese e-commerce giant Alibaba fell as much as 4.8% on Monday in Hong Kong as a deal to provide AI technology to iPhones sold in China faced a possible backlash in the U.S.
Investors in Alibaba, which is also listed on the New York Stock Exchange, were reacting to a New York Times story published Saturday that said the U.S. government is looking into Apple’…
Article Source
https://www.forbes.com/sites/ywang/2025/05/19/alibaba-shares-fall-on-report-of-us-scrutiny-of-apple-ai-deal/
