Hot Chinese ADRs Slipped in Morning Trading

Tiger Newspress2022-04-06

Alibaba, Pinduoduo, JD.com, iQiyi, DiDi, Nio, Xpeng and Li Auto fell between 2% and 5%.

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Comments

JCai
2022-04-07
JCai
K
saral
2022-04-07
saral
In hot soup
Sysy
2022-04-07
Sysy
O
Kazren
2022-04-07
Kazren
Ok
robot1234
2022-04-07
robot1234
Bloomberg reported 2 days ago Alibaba, Didi Fuel $93 Billion Rally for Chinese Stocks in U.S. Alibaba Group Holding Ltd. and Didi Global Inc. rallied for a second day, adding $93 billion in value to U.S. listed Chinese stocks as fears of potential delistings eased. The Nasdaq Golden Dragon China Index jumped 7.4% Monday, adding to Friday’s climb after Beijing regulators published revised draft rules scrapping requirements that on-site inspections should be mainly conducted by Chinese regulatory agencies.
cbl
2022-04-07
cbl
More down to come?

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