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Vipshop Holdings Limited American Depositary Shares each representing two
News of new share blocks on offer is depressing postmarket action in a few names linked to the Archegos Capital fiasco. ViacomCBS is lower after hours ([[VIAC]] -3.5%) on media reports that there's a 34M-share block on offer from Credit Suisse; Vipshop Holdings (VIPS) is down 4.1% amid reports of its own 14M share block on offer at the investment bank, and Farfetch Limited down 3.7% with its own 11M share block. Bloomberg reports that Credit Suisse's investment bank chief is set to leave following the collapse of Archegos.