24H | Chinese ADRs Sink. XPeng, JD.com Drop over 5%; Alibaba Falls 3%

Tiger Newspress11-12

Chinese ADRs fell in overnight trading. XPeng, JD.com dropped over 5%; Li Auto, NIO, Alibaba fell over 3%; PDD Holdings fell over 22%.

Data showed borrowing in China slowed in October and investor confidence remained subdued following Beijing’s latest policy announcements.

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Comments

  • taytt
    11-12
    taytt
    A real disappointment on china Stimulus market 
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