Alibaba Leads Tech Slide After Pentagon Briefly Shows Blacklist

The Chinese AI leader’s stock slid more than 3% in Hong Kong, while BYD Co. and Baidu Inc. were down about 1%. All three appeared on the updated Pentagon list on the US Federal Register, though it was later declared “unpublished.” The agency also removed two of China’s leaders in memory chips, ChangXin Memory Technologies Inc. and Yangtze Memory Technologies Co.Read More