'Ali baby' shares are dropping due to US pressure on an agreement with 'Apple'

The shares of “Ali Baba Group Holdings” fell, after a report states that the administration of US President Donald Trump expressed concern about a possible agreement between Apple and the Chinese technology company. ‘Ali Baba’ fell 4.8% in Hong Kong on Monday, leading the Hang Seng China Enterprises index to landing. The broader index fell 1.4%before reducing its losses. In recent months, the White House and Congress officials have investigated the Apple plan to conclude an agreement with ‘Ali baby’ to allow the Chinese company’s artificial intelligence instrument on ‘iPhone’ in China, according to the New York Times, which has cited three people who are familiar with the summit. ‘Apple’, the White House and ‘Ali Baba’ did not comment on the report. This news has a new battle for “Ali Baby”, this news aimed at “Ali Baba”, which has rejected its shares over the past few sessions, as the quarterly income came without expectations. These results were disappointed the hope of investors who considered the leading Chinese company in the field of e -commerce at the forefront of companies that benefit from the wealth of artificial intelligence inspired by ‘deeply ill’. “Ali baby’s possible revenue from cloud activities faces the risks of the United States opposition to the potential Apple agreement to offer the Chinese company’s artificial intelligence technology on iPhone devices in China,” according to Catherine Lim, an “Bloomberg Intelligence” analyst, he wrote in a nota. She added: “Until more clarity is available, Ali baby can postpone the expenses of capital research and spending on the infrastructure concerned.” Joseph Tsai, chairman of the board of directors of Ali Baba, said in February Apple’s greater damage in February that the iPhone of Apple would use its business’s artificial intelligence technology, which significantly fueled the share price at the time. Even in light of the recent decline, the company’s shares have been more than 40% high since the beginning of this year, thanks to the previous profits. If the partnership – or its collapse is late,, according to some market monitors, it can be more harmful to the “iPhone” phones, as China represents its most important markets to the United States. Apple sales in China fell 2.3% in the quarter, which ended on March 29, as it had problems with local competitors, including “Xiaomi” and “Huawei Technologies”. “Apple will lose much more than Ali baby if you withdraw from the artificial intelligence agreement. In the end, Apple will need a partner in the field of artificial intelligence in China, otherwise its phones will lose its competitiveness.”