JD.com falls 10% in Hong Kong as Walmart sells shares, sends Chinese tech stocks tumbling
Hong Kong Shares plunged on concerns that foreign investors are dumping Chinese technology stocks due to poor corporate earnings and economic prospects. A report showed that more hedge funds are abandoning their bets on Chinese stocks as the strategy failed to deliver excessive returns. The Hang Seng Index fell 1 percent to 17,332.06 at 2:23 […]