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Chinese E-Commerce Stocks Slide After Beijing Issues Warning
Chinese e-commerce stocks declined after Beijing warned major platforms over misleading sales tactics during the 618 shopping festival.
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cryptobriefing.com
Beijing online shopping warning hits shares in Chinese tech groups
Alibaba dropped 6.5% and JD.com fell nearly 6% after Beijing regulators summoned five major platforms over misleading 618 festival promotions.
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Chinese E-Commerce Stocks Slide After Beijing Issues Warning
Chinese e-commerce stocks declined after Beijing warned major platforms over misleading sales tactics during the 618 shopping festival.