Alibaba to Baidu Increase U.S. Share Buybacks as Prices Slump – Bloomberg Business

Alibaba to Baidu Increase U.S. Share Buybacks as Prices Slump

The selloff that has pushed an index of U.S.-traded Chinese stocks down more than 30 percent since June has some of the biggest companies seeking to buy back record numbers of shares.

http://www.bloomberg.com/news/articles/2015-09-27/alibaba-to-baidu-increase-u-s-share-buybacks-as-prices-slump?mkt_tok=3RkMMJWWfF9wsRonvK%2FIZKXonjHpfsX87%2B4rW7Hr08Yy0EZ5VunJEUWy2oEGS9Q%2FcOedCQkZHblFnVQNSq29Wq4NqaML