Alibaba, JD Lead China Selloff After Latest Beijing Warning

Corroborated by 2 sources from 2 publishers

asiaworld4d ago

TL;DR

Alibaba, JD Lead China Selloff After Latest Beijing Warning Alibaba, JD.com shares drop as Beijing cracks down on subsidy promotions.

Bloomberg Technology

https://www.bloomberg.com/news/articles/2026-06-11/alibaba-jd-com-slide-after-beijing-slams-price-cut-promotions

Investing.com News

https://www.investing.com/news/stock-market-news/alibaba-jdcom-shares-drop-as-beijing-cracks-down-on-subsidy-promotions-4736502