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JD.com leads losses in Chinese tech stocks after sale of Walmart shares


JD.com leads losses in Chinese tech stocks after sale of Walmart shares

(Bloomberg) — Shares of Chinese technology companies slumped on concerns about the country’s consumption outlook after Walmart Inc. agreed to sell its stake in JD.com Inc. and major players reported weak earnings. Most read by Bloomberg The Hang Seng Tech Index was down 2.1% at 11:20 a.m. local time, led by a 12% slump in […]