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JD.com Leads Losses in China Tech Stocks on Walmart Stake Sale

(Bloomberg) -- China’s tech stocks slumped on concerns over the country’s consumption outlook following Walmart Inc.’s plan to sell its stake in JD.com Inc. ...


  • Aug 22 2024
  • 6
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JD.com Leads Losses in China Tech Stocks on Walmart Stake Sale
JD.com Leads Losses in China Tech Stocks on Walmart Stake Sale
(Bloomberg) -- Chinas tech stocks slumped on concerns over the countrys consumption outlook following Walmart Inc.s plan to sell its stake in JD.com Inc. and poor earnings from key players.
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