Bloomberg:

Alibaba stock fell ~6.5% and JD.com fell ~6% after China reprimanded e-commerce players over alleged false advertising during the “618” annual shopping festival  —  Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players …

Bloomberg:

Alibaba stock fell ~6.5% and JD.com fell ~6% after China reprimanded e-commerce players over alleged false advertising during the “618” annual shopping festival  —  Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players …

Source: TechMeme
Source Link: https://www.techmeme.com/260611/p9#a260611p9