China's Crackdown Stocks Extend Declines Into a Third Day - Bloomberg

Chinese shares in the crosshairs of Beijing’s regulatory crackdown extended their sharp selloff into a third day Tuesday.

Technology and education shares retreated once again while property stocks also fell. Tencent Holdings Ltd. slumped over 5%, after the company’s music arm gave up exclusive streaming rights and was hit with fines. Meituan fell as much as 11% after its record 14% decline on Monday.

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