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Hot Chinese ADRs Tumbled in Morning Trading

Tiger Newspress2022-03-10

Hot Chinese ADRs tumbled in morning trading, with Alibaba falling 7%, JD falling 14% and Pinduoduo falling 13%.

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Comment91

  • taromilktea
    ·2022-03-11
    A good company but still dropping down down down [sigh] 
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  • SEK
    ·2022-03-11
    How come no one is seeing the value of Alibaba. It's crazy. Averaging at 100 and still losing money.
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  • Dawang
    ·2022-03-11
    Another potential hotspot. ADRas delisting in drovess.. 😖😣
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  • 来人
    ·2022-03-11
    Oh oh.... 
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  • Jess261
    ·2022-03-11
    Okay
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  • Bspn
    ·2022-03-11
    Ok
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  • Ultimate Dystopia
    ·2022-03-11
    呼呼
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  • K74
    ·2022-03-11
    Oh
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  • SSVC
    ·2022-03-11
    K
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  • th0mastan
    ·2022-03-11
    Chinese stocks looks like a goner, this couldbe funds pulling out since retail investors donot have such capital/ impact for such drastic drop. Sentiment is low, investors holding them are prob holding on, if any funds start to buy the dip, the rally could be strong and fast as it's easy to pull the share prices up
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  • jgaldon
    ·2022-03-11
    Getting smoked here!
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  • SCLIEW
    ·2022-03-11
    666
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  • Ken7979
    ·2022-03-11
    完了。。
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  • sega
    ·2022-03-11
    😀
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  • verybbad
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  • SEK
    ·2022-03-11
    What's going on with $BABA. compared to other tech giants, it's trading on discounted multiples. Why? Concerns over govt intervention? That should have already priced in? 
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  • WangWang99
    ·2022-03-11
    K
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  • Winyss10
    ·2022-03-11
    latest
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  • stingray102
    ·2022-03-11
    Ok
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  • PearlynCSY
    ·2022-03-11
    The last 2 years of unprecedented QE and ultra loose monetary policy is now coming back to haunt the US economy. With national debt above $30 trillion, more than 130% of annual GDP, the inflation monster is about to decimate the robust economic growth. FED is now being forced to the corner with no viable fiscal or monetary tools except to raise interest rate aggressive, and to taper her bloated $9 trillion balance sheet. Equities including the hot Chinese ADRs will be hit by this paradigm shift, and the probability of reversal to the mean is high. Of course, as a superpower,  US will never say die. US is now abusing the SWIFT Payment System and USD as int'l reserve currency to push the problem to the rest of the world.
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