A stock rout triggered by Beijing’s widening clampdown has left Tencent Holdings Ltd. trading at a price-to-book ratio lower than during the 2008 financial crisis. Alibaba Group Holding Ltd. has slumped to record low in Hong Kong, where the benchmark stock index fell into a bear market this week.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3sAVNWl
Saturday, August 21, 2021
Even after $1.5 trillion rout, China tech traders see more pain
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