Alibaba Shares Plunge Amid US Allegations of Military Data Sharing

A geopolitical firestorm has erupted around Chinese e-commerce leader Alibaba, sending its stock into a sharp decline following explosive claims from US officials. According to internal White House documents obtained by financial media, the technology conglomerate stands accused of supplying the Chinese People’s Liberation Army with sophisticated technology and sensitive customer information, allegedly for operations targeting US interests. The market response was immediate, with Alibaba’s American Depositary Shares plummeting more than 4% during Friday’s trading session.

The investment community received a severe jolt on November 14, 2025, when the Financial Times published details from a decoded intelligence report contained within the White House memo. The core allegations present a serious scenario: Read more...