Meituan falls as China tells delivery, ride-hailing firms to better protect workers

SOHO China

13/09/2021 03:24

** Food-delivery giant Meituan  3690.HK  falls after China
tells delivery, ride-hailing firms to better protect workers 
    ** Chinese government officials told leading delivery and
ride-hailing companies on Friday to improve how they distributed
incomes and ensure rest periods for workers  urn:newsml:reuters.com:*:nL1N2QC0JP
    ** The officials delivered the message during a meeting with
ten companies, including Meituan  3690.HK , Didi Global
 DIDI.N , Alibaba Group's  9988.HK  Ele.me and Tencent Holdings
 0700.HK 
    ** Meituan plunges 4.4%, Shares of Tencent and Alibaba also
slip during the laste moves in a crackdown over the tech sector
 urn:newsml:reuters.com:*:nL1N2QF02S
    ** The Hang Seng Index  .HSI  and the Hang Seng Tech Index
 .HSTECH  declines 1.6% and 2.3%, respectively



 (Reporting by Shanghai Newsroom)
 ((Jason.Xue@thomsonreuters.com))