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

Bloomberg Tech · Jun 11, 2026, 4:50 AM

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.

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