{"id":33640,"date":"2023-07-10T09:27:36","date_gmt":"2023-07-10T13:27:36","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/alibaba-jd-com-stocks-drop-deflation-fears-rise-in-china\/"},"modified":"2023-07-10T09:27:38","modified_gmt":"2023-07-10T13:27:38","slug":"alibaba-jd-com-stocks-drop-deflation-fears-rise-in-china","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=33640","title":{"rendered":"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China."},"content":{"rendered":"
\n
<\/p>\n
<\/p>\n
<\/div>\n<\/figure><\/div>\n

U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that Beijing\u2019s regulatory crackdown on tech is coming to an end.<\/p>\n

American depositary receipts of
\n Alibaba Group
\n (ticker: BABA) were down 1.1% in premarket trading, after rising 8% on Friday, when its affiliate Ant Group was fined almost $1 billion by Chinese regulators.
\n JD.com
\n (JD) ADRs were down 1.3% in the premarket session after rising almost 5% on Friday. <\/p>\n

\n

Investors are hoping the Ant fine marks the end of years of regulatory pressure on the technology sector. Ant said after the fine that it would buy back up to $6 billion in stock, offering investors a chance to cash out more than two years after its plans to go public were scuttled by Beijing. <\/p>\n

However, optimism over regulatory developments risks are being outweighed by broader concerns about the Chinese economy. The risk of the country falling into deflation was underlined Monday by data showing China\u2019s consumer-price index was flat in June from a year earlier. That was down from a 0.2% increase in May.\u00a0<\/p>\n

Meanwhile, China\u2019s factory-gate prices fell at their fastest pace in more than seven years last month. The producer-price index fell 5.4% from a year earlier in June, compared with a 4.6% decline in May, the National Bureau of Statistics said.<\/p>\n

Investors in Hong Kong appeared to be more optimistic as locally-listed shares of Alibaba rose 3.2% and
\n JD.com
\n rose 1.7%, although investors were also catching up with Friday\u2019s news of the Ant Group fine.<\/p>\n

Write to Adam Clark at adam.clark@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that Beijing\u2019s regulatory crackdown on tech is coming to an end. American depositary receipts of Alibaba Group (ticker: BABA) were down 1.1% in premarket trading, after rising 8% on Friday, when its affiliate Ant […]<\/p>\n","protected":false},"author":1,"featured_media":33641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-33640","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nAlibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=33640\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China. | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=33640\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-10T13:27:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T13:27:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1688995657_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=33640#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=33640\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China.\",\"datePublished\":\"2023-07-10T13:27:36+00:00\",\"dateModified\":\"2023-07-10T13:27:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=33640\"},\"wordCount\":280,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=33640#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=33640\",\"url\":\"https:\/\/ifintechworld.com\/?p=33640\",\"name\":\"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China. | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-10T13:27:36+00:00\",\"dateModified\":\"2023-07-10T13:27:38+00:00\",\"description\":\"U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=33640#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=33640\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=33640#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China. | iFintechWorld","description":"U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=33640","og_locale":"en_US","og_type":"article","og_title":"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China. | iFintechWorld","og_description":"U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that","og_url":"https:\/\/ifintechworld.com\/?p=33640","og_site_name":"iFintechWorld","article_published_time":"2023-07-10T13:27:36+00:00","article_modified_time":"2023-07-10T13:27:38+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1688995657_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=33640#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=33640"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China.","datePublished":"2023-07-10T13:27:36+00:00","dateModified":"2023-07-10T13:27:38+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=33640"},"wordCount":280,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=33640#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=33640","url":"https:\/\/ifintechworld.com\/?p=33640","name":"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China. | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-07-10T13:27:36+00:00","dateModified":"2023-07-10T13:27:38+00:00","description":"U.S.-listed Chinese tech stocks fell early Monday after strong gains Friday. Investors are weighing up more disappointing economic data against hopes that","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=33640#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=33640"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=33640#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Alibaba, JD.com\u00a0Stocks Drop. Deflation Fears Rise in China."}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/33640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33640"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/33640\/revisions"}],"predecessor-version":[{"id":33642,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/33640\/revisions\/33642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/33641"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}