JD.com drags China’s tech stocks down over Walmart’s planned exit
(Bloomberg) — Shares of Chinese technology companies slumped early Wednesday after a series of negative news from the country’s consumer sector rocked U.S.-traded shares of comparable companies. Most read by Bloomberg The Hang Seng Tech Index fell 2.8% at the open, while JD.com Inc. tumbled 11% following Walmart Inc.’s sale plan. The company’s shares in […]
