Goldman Sachs says $3.2 trillion worth of Chinese stocks at risk of further regulatory crackdown

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Share prices of Chinese tech companies Baidu, Alibaba and Meituan among those shown at the Exchange Square in Hong Kong on March 23, 2021.
Paul Yeung | Bloomberg | Getty Images

A group of Chinese listed companies totaling $3.2 trillion in market capitalization could be at risk of further regulatory crackdown by Beijing, according to an assessment by Goldman Sachs.