Hot Chinese Stocks Slid in Premarket Trading

Tiger Newspress2023-01-17

Hot Chinese stocks slid in premarket trading. NIO, JD.com, NetEase, XPeng and iQIYI fell more than 3%. European shares paused their new year rally and Asian equities slipped after China reported weak fourth-quarter economic data on Tuesday, keeping investors on edge over the prospects of a global recession.

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