While Alibaba romps away, UK bank note maker De La Rue is having a torrid morning. Shares in De La Rue have plunged by 20% this morning, after it reported an 87% plunge in operating profits for the last six months. The firm also suspended its dividend, and warned there is “significant doubt” over its ability to continue as a going concern. De La Rue has suffered a series of blows in recent years, including failing to win the contract for Britain’s new Brexit passports.
Alibaba shares surge after world's biggest listing of 2019 – business live
Italia Notizia Notizia
Rolling coverage of the latest economic and financial news, as e-commerce giant Alibaba ‘comes home’ to Hong Kong