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The Next Chapter of Alibaba and the 106 Hedge Funds

The world’s biggest IPO opened the door to double-digit gains this fall, but the luster could be wearing off.

        Alibaba founder Jack Ma (Bloomberg)True believers in the future expansion of Chinese Internet commerce say Alibaba Group Holding’s stock stands to double as the company grows in the next several years. But of the 106 hedge funds holding it as of the end of September, according to data compiled by the

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