Chinese shares in the crosshairs of Beijing’s regulatory crackdown extended their sharp selloff into a third day Tuesday.
Technology and education shares retreated once again while property stocks also fell. Tencent Holdings Ltd. slumped over 6%, after the company’s music arm gave up exclusive streaming rights and was hit with fines. Meituan fell as much as 13% after its record 14% decline on Monday.
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July 27, 2021 at 08:51AM
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China's Crackdown Stocks Extend Declines Into a Third Day - Bloomberg
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