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What's Causing A Slide In Alibaba, JD And Other Tech Stocks In Hong Kong Today?

Article By:
Benzinga
Monday, March 7, 2022 4:28 AM EDT
Shares of US listed Chinese tech companies slid in Hong Kong on Monday, weighing on the benchmark Hang Seng Index, as surging oil prices due to the escalating Russia-Ukraine conflict and a spike in domestic COVID-linked deaths sapped risk appetite.
China Phasing Out All NEV Subsidies By 2023

Article By:
Tyler Durden
Saturday, January 1, 2022 10:39 PM EDT
The country leads the world in sheer number of major EV players, which could be why China's Ministry of Finance, with others, has announced that subsidies for new energy vehicles (NEV) in China will be slashed 30% heading into 2022.