Alibaba, JD.com Slide After Beijing Slams Price-Cut Promotions

Bloomberg Jun 11, 2026 2h ago ⏱ 1 min read 👁 2 views

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📋 Article Summary

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Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid in Hong Kong after China’s market watchdog reprimanded top Chinese e-commerce players for what it said were misleading sales promotions. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

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