Chinese investors extended a selloff Monday over ongoing concerns that Beijing wants to increase regulation hurdles to business. Alibaba and other internet giants targeted by officials underperformed.
Asian markets fell as Chinese regulators cracked down on U.S.-listed tech stocks and Japan prepared to declare a COVID emergency right before the Olympic Games.
Tesla was forced to recall about 285,000 vehicles in China after a software issue caused concerns about the Autopilot in Model 3 and Model Y vehicles.
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