Chinese Regulators Signal Crackdown on Food-Delivery Price War, Boosting Shares of Leading Companies

Wednesday, Mar 25, 2026 4:46 am ET1min read
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China's food-delivery companies rallied after authorities signaled a push to curb price competition in the sector. Meituan shares rose 14%, Alibaba and JD.com shares gained 4.6% and 4.85%, respectively, outperforming the Hang Seng Index. The regulator's move aims to address intense price competition in the sector.

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