Chinese stocks listed in the US tumble after Meituan and Pinduoduo ordered to protect consumers’ rights

14.05.2021

Over 60 Chinese concept stocks listed in the US saw their prices dropp by more than 5 percent at Monday opening after Chinese consumer rights protection watchdogs or-dered Meituan and Pinduoduo to fix problems relating to consumer rights protection.

Pinduoduo shares closed down as much as 9.11 percent in US on...