Hot Chinese ADRs Plunged in Premarket Trading

Tiger Newspress2022-10-24

Hot chinese ADRs plunged in premarket trading. Alibaba, Pinduoduo, JD.com, Netease, Baidu, NIO, XPeng, Li Auto and Bilibili fell between 8% and 15%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Ronronron
    2022-10-24
    Ronronron
    Xi's impact shall ease
  • TTM Investor
    2022-10-24
    TTM Investor
    Ok
  • tan2023
    2022-10-24
    tan2023
    https://www.marketwatch.com/story/hong-kong-stocks-suffer-worst-single-day-rout-since-2008-as-xi-consolidates-power-11666596592?mod=home-page
  • Andrewinho
    2022-10-24
    Andrewinho
    Offer!!! 🤭🤭🤭
  • tan2023
    2022-10-24
    tan2023
    I think is largely due to the reshuffling of Ji's cabinet members. Many investors worried that more changes or instability ahead. Hang seng has the worst single day rout today. I think will laosai more, wait till stable then buy the dip. 
Leave a comment
15