• 11/29/2024

China price wars help spark US$157 billion rout in mainland consumer stocks as Alibaba, Yum China and BYD drag the market

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The biggest drags on the MSCI benchmark since the end of September 2023 include Alibaba, Yum China and BYD, which have all been offering big discounts.

https://www.scmp.com/business/china-business/article/3248377/china-price-wars-help-spark-us157-billion-rout-mainland-consumer-stocks-firms-including-alibaba-yum?utm_source=rss_feed