Shares in Chinese e-commerce giant Alibaba fell Monday in Hong Kong as a deal to provide AI technology to iPhones sold in China faced a backlash in the U.S.

Alibaba Group Holding Limited’s (NYSE:BABA) impressive run came under pressure on May 19 as it emerged that authorities in the US are scrutinizing a potential strategic partnership with Apple. The Chinese tech giant shed as much as 4.

Alibaba (BABA -0.43%) stock has had a good start to 2025, but it was giving back some of its gains after its fiscal fourth-quarter earnings report disappointed investors. The stoc