From Investing.com: 2024-04-12 16:59:45

US-listed Chinese stocks plunged on Friday as Beijing pledged to boost stock market regulation. Shares of Alibaba, JD.com, and Baidu dropped 4.6%, marking the biggest decline since March. New guidelines aim to control market volatility, while Citic Securities and Haitong Securities face a regulatory probe. Economic concerns deepen as import and export figures disappoint in March.



Read more at Investing.com: US-listed Chinese stocks in big selloff as Beijing vows to tighten market rules By Investing.com