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Alibaba's 107% Surge Hasn't Rubbed Off on Its Movie Business

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The Takeaways From Alibaba's Singles' Day Record

Jack Ma’s flagship firm may be one of the best-performing Chinese stocks this year, but the same can’t be said of his loss-making film and TV business.

Alibaba Pictures Group Ltd. has fallen almost 10 percent in the past week in Hong Kong, bringing the shares to their lowest point since March 2014. The company -- which runs an online cinema ticket venture as well as investing in Chinese and foreign movies -- is down 7.9 percent this year. Its parent, meanwhile, has rallied 107 percent.