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Alibaba, Bilibili, and China Tech Stocks Slide on Livestreaming Crackdown
Aggregated Source: ChinaTechNews.com

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Chinese technology stocks stumbled Tuesday in Hong Kong amid tighter regulations from Beijing on the country’s livestreaming sector, and on concerns over the planned delisting in the U.S. of

Shares of video-game streaming

Bilibili (ticker: BILI) fell 11.5% in Hong Kong, and its American depositary receipts traded 4.2% lower after the Central Cyberspace Administration of China said Friday it was launching a two-month “special action” to, among other things, cut down on illegal content in the country’s online live broadcasting and short video industries.

Alibaba, Bilibili, and China Tech Stocks Slide on Livestreaming Crackdown comes via ChinaTechNews.com.

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