15:34 - 11.06.2026

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June 11, Fineko/abc.az. Shares of Alibaba Group and JD.com In Hong Kong decline in price almost by 6% after the Chinese regulator criticized large e-commerce companies for "misleading advertising" and opaque subsidies during the 618 sales festival.

ABC.AZ reports that along with them, other market players, including PDD Holdings and ByteDance, have also come under scrutiny, which has increased pressure on the sector and signals further tightening of regulation of online commerce in China.