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Shares in Alibaba and other Chinese companies have come under intense pressure recently.
Greg Baker/AFP via Getty Images
Shares in some of China’s largest companies notched eye-watering gains on Wednesday after news that the government would support the stock market, boost economic growth, and clear up a punishing regulatory environment.
Alibaba
(ticker: BABA) stock soared more than 20% in U.S. trading, with its Hong Kong-listed…
