BUZZ-China ADRs fall after mainland peers drop as Trump presidency looms

Reuters
2024-11-06

** Chinese companies' US-listed shares fall premarket on worries over growing U.S.-China trade tensions as Trump presidency looms

** China's yuan and stock markets fell sharply as the prospect of another Donald Trump presidency risked heightened tensions over trade and technology

** Trump had promised voters he will impose tariffs of 60% or more on goods from China

** China's blue-chip CSI300 Index fell 0.5%, while Hong Kong's benchmark Hang Seng fell 2.3%

** E-commerce firms Alibaba Group Holding down 2.7%; JD.com falls 3.6% and PDD Holdings slides 6.5% in premarket trading

** EV firms Li Auto down 6.5%, Nio and Xpeng

both down nearly 5%

** Gaming stock Bilibili down 4.8%, search engine giant Baidu falls nearly 2.1%, video platform iQIYI

slides 5.4%

** Tencent Music and Weibo both down 4.2%

** Chinese ETFs such as iShares MSCI China ETF down 2.3%, KraneShares CSI China ETF falls 3.1% and iShares China Large-Cap ETF down 2.5%

(Reporting by Sukriti Gupta in Bengaluru)

((Sukriti.Gupta@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10