HONG KONG -- Heavy selling in China tech stocks spread from Hong Kong to New York on Monday as foreign investors were spooked by a Communist Party leadership overhaul that potentially paved the way for Chinese leader Xi Jinping to rule for life.
Markets
China stock sell-off spreads to New York after Xi cements rule
Alibaba, others suffer heavy losses following declines in Hong Kong, Shanghai
Alibaba, China's e-commerce leader, and other tech stocks tumbled in Hong Kong and New York as markets reacted to China's biggest political event in recent memory. © Reuters
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