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Latest financial, market, economic news, stock markets, economy, and analysis from Financial Stand as it happens around the world. investors spooked by warning of $7 billion loss

Chinese retailer takes hit from troubled joint venture with Evergrande investors spooked by warning of $7 billion loss

Investors dumped shares of as China’s domestic stock market reopened for the first time since the embattled electronics retailer disclosed it would post one of the biggest losses ever recorded by a local company on the eve of the weeklong Lunar New Year holiday.

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