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Jeanny Yu / Bloomberg:
Analysis: Tencent and Alibaba, whose stocks have dropped 60% and 65% respectively since February 2021, have lost more market value than any other stock globally — Just 18 months ago, Tencent Holdings Ltd. was on the cusp of becoming Asia's second trillion-dollar company …
from Techmeme https://ift.tt/0s8XP2j
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