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Alibaba, PDD, and Other China Stocks Sink as China Retaliates to Trump Tariffs
U.S. stocks in motion | Chinese concept stocks of Electric Vehicles continue to decline, with Xiaopeng Autos (XPEV.US) dropping over 7%.
On Friday, Electric Vehicles Chinese concept stocks continued to decline, with Xpeng Motors (XPEV.US) falling over 7% and Li Auto (LI.US) dropping 6%.
Express News | Ishares MSCI China ETF Down 3.1%, Ishares China Large Cap ETF Down 3.7%, Kraneshares CSI China Internet ETF Down 4.4%
Express News | Alibaba Down 5%, PDD Holdings Down 4.5%, NetEase Down 3.1%, Baidu Down 4.2%, JD.com Down 4.1%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket as China Retaliates With 34% Impose Tariffs on All US Goods
Express News | Shares of US-listed Chinese Companies Are Trading Lower as Markets React to President Trump's Announcement of Sweeping Tariffs