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BUZZ Beijing summons Zhihu, brings down Chinese ADRs – Reuters

** Shares of Chinese online question-and-answer platform (ZH.N) down ~12% at $5.04 – a record low

** Beijing summons co for « unlawful » release of information, amid broader crackdown

** Authorities have demanded « immediate rectifications » from co and regulators said co would suspend some functions read more

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** China has previously fined social media platforms Sina Weibo and Douban, citing similar reasons read more

** U.S. shares of mobile game publisher Bilibili , EV manufacturer Nio Inc , e-commerce platform Pinduoduo and online video platform IQIYI (IQ.O) down between 2.5% and 9%; Weibo down more than 1%

** E-commerce cos Alibaba , JD.Com and Baidu down between 2.5% and 5%

** ZH went public in March this year for an IPO price of $9.50; down ~40% since IPO

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Reporting by Nivedita Balu in Bengaluru

Our Standards: The Thomson Reuters Trust Principles.