Geopolitics Alpha

INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy

Published . Updated .

Key takeaways

  • Megaspeed, the former employer of the suspected Chinese spy, lists Intel as a partner.
  • Exposed: FXI, BABA, NTES, JD, BIDU
  • Market reaction: BABA −7.1% on the day; FXI −1.3% on the day; BIDU −2.7% on the day

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy

Megaspeed, the former employer of the suspected Chinese spy, lists Intel as a partner.

Directly affected

  • INTC Intel-47.9% 30d

    Named in this report.

  • BABA Alibaba Group Holding-8.2% 10d

    Named in this report.

Indirectly affected

  • FXI iShares China Large-Cap ETF-2.2% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”).

  • NTES NetEase

    NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.

  • JD JD.com+1.7% 6d

    JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.

  • BIDU Baidu-8.2% 16d

    Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.

  • BEKE KE Holdings+7.8% 9d

    KE Holdings (real estate agents and managers (for others)) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
INTC-16.48%-5.02%base-2.08%after closeafter closeafter close
BABA+6.45%+3.78%base-7.06%after closeafter closeafter close
FXI+2.96%+2.17%base-1.30%after closeafter closeafter close
NTES+3.76%+6.23%base+0.42%after closeafter closeafter close
JD+3.04%+1.94%base-1.28%after closeafter closeafter close
BIDU-0.34%+1.58%base-2.67%after closeafter closeafter close
BEKE+4.73%+2.39%base-1.81%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy Yahoo Finance

Source: Yahoo Finance

The price since 12 Nov 2026: Ishares China Large-Cap Etf (FXI) versus the S&P 500

CompanyWhenMoveStatus
Alibaba Group Holding (BABA)that day-7.06%final price
Alibaba Group Holding (BABA)three days earlier+3.78%final price
Alibaba Group Holding (BABA)five days earlier+6.45%final price
BEKEthat day-1.81%final price
BEKEthree days earlier+2.39%final price
BEKEfive days earlier+4.73%final price
Baidu (BIDU)that day-2.67%final price
Baidu (BIDU)three days earlier+1.58%final price
Baidu (BIDU)five days earlier-0.34%final price
Ishares China Large-Cap Etf (FXI)that day-1.30%final price
Ishares China Large-Cap Etf (FXI)three days earlier+2.17%final price
Ishares China Large-Cap Etf (FXI)five days earlier+2.96%final price
INTCthat day-2.08%final price
INTCthree days earlier-5.02%final price
INTCfive days earlier-16.48%final price
JD.com (JD)that day-1.28%final price
JD.com (JD)three days earlier+1.94%final price
JD.com (JD)five days earlier+3.04%final price
NetEase (NTES)that day+0.42%final price
NetEase (NTES)three days earlier+6.23%final price
NetEase (NTES)five days earlier+3.76%final price

Members of Congress who traded Ishares China Large-Cap Etf (FXI) near this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares China Large-Cap Etf (FXI)

Companies mentioned with this story

  • FXI Ishares China Large-Cap Etf

    Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy.” Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”)

  • BABA Alibaba Group Holding

    Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy.” Reason on file: Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares

  • NTES NetEase

    In “INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy,” NetEase (NTES) is linked, with no stored direction, medium confidence. Reason on file: NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares

  • JD JD.com

    For “INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy,” JD.com (JD) is linked, with no stored direction, medium confidence. Reason on file: JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares

  • BIDU Baidu

    For “INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy,” Baidu (BIDU) is linked, with no stored direction, medium confidence. Reason on file: Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares

Ishares China Large-Cap Etf (FXI)

“INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy” (12 Nov 2026) reaches Ishares China Large-Cap Etf (FXI) through this story.

Ishares China Large-Cap Etf (FXI) is on the page because iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”)

Alibaba Group Holding (BABA) is here too. Its reason reads: Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares

Dates in the story, and the Ishares China Large-Cap Etf (FXI) price range

BABA traded between 99.59 and 112.70 across 10 sessions. The latest close on file is 100.27. FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.21.

How strong the case is around Ishares China Large-Cap Etf (FXI)

40 out of 100

“INTC, BABA Shares Slide Over Links To Firm Tied To Suspected Chinese Spy” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.