Hot Chinese ADRs Decline With Alibaba Down 2%

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Hot Chinese ADRs Decline With Alibaba Down 2%

Tiger Newspress2023-08-18

Hot Chinese ADRs dropped in premarket trading Friday amid concerns about spreading debt defaults in China’s property industry and shadow banking fallout. Investors also trimmed their bets after the Chinese currency hit the weakest level since October. Alibaba and Pinduoduo fell 2%: NIO, JD.com, XPeng, LI Auto, and Bilibili fell 3%.

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Strupper2003
·2023-08-18
I'm buying
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Andrewinho
·2023-08-18
👏👏👏
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