The headquarters of Chinese e-commerce company JD.com. Photo: Kyodo The headquarters of Chinese e-commerce company JD.com. Photo: Kyodo
The headquarters of Chinese e-commerce company JD.com. Photo: Kyodo
E-commerce

Chinese tech stocks slump after Beijing summons 34 companies in sign of heightened regulatory oversight

  • Hang Seng Tech Index slumps by as much as 1.7 per cent in afternoon trading on news of summons
  • Meituan and JD.com tumble by more than 4 per cent, while Tencent and Alibaba surrender most of their strong gains

Topic |   E-commerce
The headquarters of Chinese e-commerce company JD.com. Photo: Kyodo The headquarters of Chinese e-commerce company JD.com. Photo: Kyodo
The headquarters of Chinese e-commerce company JD.com. Photo: Kyodo
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