Chinese shares in the crosshairs of Beijing’s regulatory crackdown extended their sharp selloff into a third day Tuesday.
Technology and education shares retreated once again while property stocks also fell. Tencent Holdings Ltd. slumped 10%, after the company’s music arm gave up exclusive streaming rights and was hit with fines. Meituan fell as much as 16%, its biggest decline ever, as investors digested new rules on online food platforms.
"day" - Google News
July 27, 2021 at 08:51AM
https://ift.tt/3i685mb
China Rout Worsens as Crackdown Stocks Slump for Third Day - Bloomberg
"day" - Google News
https://ift.tt/3f7h3fo
https://ift.tt/2VYSiKW
Bagikan Berita Ini
0 Response to "China Rout Worsens as Crackdown Stocks Slump for Third Day - Bloomberg"
Post a Comment