SHANGHAI, Aug 17 (Reuters): More regulation from Beijing and a general risk-off mood amid fears over slowing economic growth saw emerging markets stocks suffer a 1.2% decline to hit three-week lows.
Mainland China stocks lost 2% and Hong Kong shares extended losses to a fourth straight session after Chinese regulators on Tuesday issued a lengthy set of draft regulations for the internet sector, banning unfair competition and restricting the use of user data.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
