In 2021, Tencent and JD.com fell 20% and Alibaba plummeted 49%. The recent falls of the last few weeks place them on the verge of important support levels: the imposing upward gaps of the March 16 session.
There are numerous multi-million dollar Chinese companies that in 2021 collapsed on the stock market as a result of the suffocating regulatory pressure of the government presided over by Xi Jinping. Among others, the most affected were Alibaba, Tencent, Pinduoduo (and
