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China Tech’s Deepening Valuation Slump Fails to Win Back Buyers

China Tech’s Deepening Valuation Slump Fails to Win Back Buyers
Bloomberg Technology Friday 03 July 2026, 00:01 UTC By Jeanny Yu 1 min read
Key Points

China Tech’s Deepening Valuation Slump Fails to Win Back Buyers The selloff in China’s biggest internet firms has driven some valuations to record lows but investors say a recovery still looks a way off given the many headwinds they face. The 28% slide in Tencent Holdings Ltd.’s shares this year has pushed down its price-earnings ratio to an all-time low of 11 times, below that of Hong Kong-based utility CLP Holdings Ltd. Alibaba Group Holding Ltd.’s stock tumbled more than 20% in June...

China Tech’s Deepening Valuation Slump Fails to Win Back Buyers The selloff in China’s biggest internet firms has driven some valuations to record lows but investors say a recovery still looks a way off given the many headwinds they face. The 28% slide in Tencent Holdings Ltd.’s shares this year has pushed down its price-earnings ratio to an all-time low of 11 times, below that of Hong Kong-based utility CLP Holdings Ltd. Alibaba Group Holding Ltd.’s stock tumbled more than 20% in June alone, putting its valuations at the lowest in almost a year.
China Tech’s (ORG) Win Back Buyers China Tech’s (ORG) China (LOCATION) Tencent Holdings Ltd.’s (ORG) Hong Kong (LOCATION) CLP Holdings Ltd. (ORG) Alibaba Group Holding Ltd.’s (ORG)
Originally published by Bloomberg Technology Read original →

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