Alibaba, JD.com Tumble in US as Xi Asserts Full Control in China
(Bloomberg) — US-listed Chinese stocks tumbled in premarket trading, with investors spooked by President Xi Jinping’s tightening grip on China’s ruling party, as he embarks on a precedent-breaking third term with rivals gone and no successor in sight. Most Read from Bloomberg The KraneShares CSI China Internet Fund, an exchange traded fund that includes more … Read more