JD.Com, Vipshop Slump as Economy Concern Outweighs Singles' DayBy
Bloomberg gauge of Chinese ADRs drops for second day in U.S.
October inflation slows to 1.3% from 1.6% in prior month
Online retailers including JD.com Inc. and Vipshop Holdings Ltd. slumped, leading U.S.-traded Chinese stocks lower as fresh signs that growth in the world’s second-largest economy is faltering outweighed an anticipated sales boost during the annual Singles’ Day promotion.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.