Alibaba's Hong Kong shares fall as much as 4.5%, hitting over four-and-a-half-month low

Published Nov 13, 06:30 AM UTC

Alibaba's Hong Kong-listed shares briefly dropped 4.5% during trading, hitting their lowest level in more than four and a half months, according to a Reuters market brief. The report did not specify a cause for the decline or provide additional context on the broader market. The move marks a notable single-session pullback for the Chinese e-commerce and cloud computing group's Hong Kong stock, which has traded under pressure in recent months. No company statement or analyst commentary was included in the brief.

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