24H | Chinese ADRs Extend Losses: Alibaba and PDD Holdings Down 2%, Li Auto Down 3%

Tiger Newspress

Mar 10, 2025

Chinese ADRs fell in overnight trading on investor worries about deflation after China reported a decline in consumer prices. YINN fell 4%; Bilibili and Tencent Music fell 4%; Li Auto fell 3%; PDD Holdings, Alibaba, and Trip.com fell 2%; NIO fell 1%; JD.com fell 0.8%.

Big tech stocks dropped in overnight trading. Super Micro Computer fell 3%; Palantir, Tesla and Micron fell 2%; Nvidia, Arm, Meta, and Netflix fell more than 1%.

Crypto stocks dropped in overnight trading as Bitcoin briefly slid near $81,000. TeraWulf fell 13%; Bit Digital fell 10%; Hut 8 fell 8%; Strategy fell 7%; MARA Holdings and Coinbase fell 6%; CleanSpark and Riot Platforms fell 5%.

DoorDash, Williams-Sonoma, Expand Energy and TKO Group will join the S&P 500. DoorDash rose 5% in overnight trading, while TKO Group rose 3%.

Intuitive Machines shares tumbled another 9% in overnight trading. The shares sank 22% on Friday amid uncertainty about the status of its Athena lander’s attempt to touch down on the surface of the moon.

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2518236268"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2518236268\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2518236268?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-10 11:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2518236268","market":"us","top_or_hot":-1,"title":"24H | Chinese ADRs Extend Losses: Alibaba and PDD Holdings Down 2%, Li Auto Down 3%","media":"Tiger Newspress","content":"<html><head></head><body><p>Chinese ADRs fell in overnight trading on investor worries about deflation after China reported a decline in consumer prices. <a href=\"https://laohu8.com/S/YINN\">YINN</a> fell 4%; <a href=\"https://laohu8.com/S/BILI\">Bilibili</a> and <a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell 4%; <a href=\"https://laohu8.com/S/LI\">Li Auto</a> fell 3%; <a href=\"https://laohu8.com/S/PDD\">PDD Holdings</a>, <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>, and <a href=\"https://laohu8.com/S/TCOM\">Trip.com</a> fell 2%; <a href=\"https://laohu8.com/S/09866\">NIO</a> fell 1%; <a href=\"https://laohu8.com/S/JD\">JD.com</a> fell 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4bc58c448d6b76de5b4b075f4bbaedb7\" title=\"\" tg-width=\"745\" tg-height=\"438\"/></p><p>Big tech stocks dropped in overnight trading. <a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> fell 3%; <a href=\"https://laohu8.com/S/PLTR\">Palantir</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> and <a href=\"https://laohu8.com/S/MU\">Micron</a> fell 2%; <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, <a href=\"https://laohu8.com/S/ARM\">Arm</a>, <a href=\"https://laohu8.com/S/META\">Meta</a>, and <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> fell more than 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/88eae5c970634a26164f284e7b45f56f\" title=\"\" tg-width=\"638\" tg-height=\"549\"/></p><p>Crypto stocks dropped in overnight trading as Bitcoin briefly slid near $81,000. <a href=\"https://laohu8.com/S/WULF\">TeraWulf</a> fell 13%; <a href=\"https://laohu8.com/S/BTBT\">Bit Digital</a> fell 10%; <a href=\"https://laohu8.com/S/HUT\">Hut 8</a> fell 8%; <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> fell 7%; <a href=\"https://laohu8.com/S/MARA\">MARA Holdings</a> and <a href=\"https://laohu8.com/S/COIN\">Coinbase</a> fell 6%; <a href=\"https://laohu8.com/S/CLSK\">CleanSpark</a> and <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> fell 5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1fd69bcce55002ca3f75c3bc60c6a2b0\" title=\"\" tg-width=\"548\" tg-height=\"474\"/></p><p><a href=\"https://laohu8.com/S/DASH\">DoorDash</a>, <a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a>, <a href=\"https://laohu8.com/S/EXE\">Expand Energy</a> and <a href=\"https://laohu8.com/S/TKO\">TKO Group</a> will join the S&amp;P 500. DoorDash rose 5% in overnight trading, while TKO Group rose 3%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6a61421636dea31f1361e566ed415bb7\" title=\"\" tg-width=\"674\" tg-height=\"201\"/></p><p><a href=\"https://laohu8.com/S/LUNR\">Intuitive Machines</a> shares tumbled another 9% in overnight trading. The shares sank 22% on Friday amid uncertainty about the status of its Athena lander’s attempt to touch down on the surface of the moon. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b109b409e300fab1d79490ca3646253\" title=\"\" tg-width=\"538\" tg-height=\"183\"/></p><p></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>24H | Chinese ADRs Extend Losses: Alibaba and PDD Holdings Down 2%, Li Auto Down 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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<a href=\"https://laohu8.com/S/BILI\">Bilibili</a> and <a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell 4%; <a href=\"https://laohu8.com/S/LI\">Li Auto</a> fell 3%; <a href=\"https://laohu8.com/S/PDD\">PDD Holdings</a>, <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>, and <a href=\"https://laohu8.com/S/TCOM\">Trip.com</a> fell 2%; <a href=\"https://laohu8.com/S/09866\">NIO</a> fell 1%; <a href=\"https://laohu8.com/S/JD\">JD.com</a> fell 0.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4bc58c448d6b76de5b4b075f4bbaedb7\" title=\"\" tg-width=\"745\" tg-height=\"438\"/></p><p>Big tech stocks dropped in overnight trading. <a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> fell 3%; <a href=\"https://laohu8.com/S/PLTR\">Palantir</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> and <a href=\"https://laohu8.com/S/MU\">Micron</a> fell 2%; <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, <a href=\"https://laohu8.com/S/ARM\">Arm</a>, <a href=\"https://laohu8.com/S/META\">Meta</a>, and <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> fell more than 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/88eae5c970634a26164f284e7b45f56f\" title=\"\" tg-width=\"638\" tg-height=\"549\"/></p><p>Crypto stocks dropped in overnight trading as Bitcoin briefly slid near $81,000. <a href=\"https://laohu8.com/S/WULF\">TeraWulf</a> fell 13%; <a href=\"https://laohu8.com/S/BTBT\">Bit Digital</a> fell 10%; <a href=\"https://laohu8.com/S/HUT\">Hut 8</a> fell 8%; <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> fell 7%; <a href=\"https://laohu8.com/S/MARA\">MARA Holdings</a> and <a href=\"https://laohu8.com/S/COIN\">Coinbase</a> fell 6%; <a href=\"https://laohu8.com/S/CLSK\">CleanSpark</a> and <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> fell 5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1fd69bcce55002ca3f75c3bc60c6a2b0\" title=\"\" tg-width=\"548\" tg-height=\"474\"/></p><p><a href=\"https://laohu8.com/S/DASH\">DoorDash</a>, <a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a>, <a href=\"https://laohu8.com/S/EXE\">Expand Energy</a> and <a href=\"https://laohu8.com/S/TKO\">TKO Group</a> will join the S&amp;P 500. DoorDash rose 5% in overnight trading, while TKO Group rose 3%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6a61421636dea31f1361e566ed415bb7\" title=\"\" tg-width=\"674\" tg-height=\"201\"/></p><p><a href=\"https://laohu8.com/S/LUNR\">Intuitive Machines</a> shares tumbled another 9% in overnight trading. The shares sank 22% on Friday amid uncertainty about the status of its Athena lander’s attempt to touch down on the surface of the moon. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b109b409e300fab1d79490ca3646253\" title=\"\" tg-width=\"538\" tg-height=\"183\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EBON","symbol_name":"亿邦国际","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250309:nFWN3PR0BJ:1","article_id":"2518236268","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518236268","pubTimestamp":1741577396,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Bitcoin down 5.47% at $81,554.67March 9  - Bitcoin, the world's largest cryptocurrency by market value, was down by around 5.47% at $81,555 at 2216 GMT on Sunday.Ether, the second largest cryptocurrency, was down 5.4% at $2,024.68 at 2222 GMT on Sunday.   ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EBON":"亿邦国际","TCOM":"携程网","NCTY":"第九城市","PDD":"拼多多","DASH":"DoorDash, Inc.","WSM":"Williams-Sonoma Inc","BIDU":"百度","BTBT":"Bit Digital, Inc.","SMCI":"超微电脑","BTM":"Bitcoin Depot Inc.","XPEV":"小鹏汽车","ARM":"ARM Holdings","TKO":"TKO Group Holdings","CLSK":"CleanSpark, Inc.","COIN":"Coinbase Global, Inc.","MARA":"MARA Holdings","BITO":"比特币期货ETF-ProShares","GBTC":"比特币ETF-Grayscale","BEKE":"贝壳","RIOT":"Riot Platforms","EXE":"EXPAND ENERGY CORPORATION","AVGO":"博通","SOS":"SOS Limited","CAN":"嘉楠科技","MSTR":"Strategy","NVDA":"英伟达","LUNR":"Intuitive Machines","TSLA":"特斯拉","NTES":"网易","BABA":"阿里巴巴"},"translate_title":"24小时中国ADR扩大跌幅：阿里巴巴-SW和拼多多控股下跌2%，理想汽车下跌3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIOT":1.1,"DASH":1.1,"ARM":1.1,"BITO":1.1,"PDD":1.1,"NVDA":1.1,"LUNR":1.1,"NTES":1.1,"XPEV":1.1,"BEKE":1.1,"BTBT":1.1,"CLSK":1.1,"BABA":1.1,"TKO":1.1,"WSM":1.1,"NCTY":1.1,"COIN":1.1,"SOS":1.1,"EXE":1.1,"BTCM":1.1,"EBON":1.1,"SMCI":1.1,"AVGO":1.1,"MARA":1.1,"BTM":1.1,"TCOM":1.1,"TSLA":1.1,"GBTC":1.1,"CAN":1.1,"MSTR":1.1,"BIDU":1.1},"content_text":"Chinese ADRs fell in overnight trading on investor worries about deflation after China reported a decline in consumer prices. YINN fell 4%; Bilibili and Tencent Music fell 4%; Li Auto fell 3%; PDD Holdings, Alibaba, and Trip.com fell 2%; NIO fell 1%; JD.com fell 0.8%.Big tech stocks dropped in overnight trading. Super Micro Computer fell 3%; Palantir, Tesla and Micron fell 2%; Nvidia, Arm, Meta, and Netflix fell more than 1%.Crypto stocks dropped in overnight trading as Bitcoin briefly slid near $81,000. TeraWulf fell 13%; Bit Digital fell 10%; Hut 8 fell 8%; Strategy fell 7%; MARA Holdings and Coinbase fell 6%; CleanSpark and Riot Platforms fell 5%.DoorDash, Williams-Sonoma, Expand Energy and TKO Group will join the S&P 500. DoorDash rose 5% in overnight trading, while TKO Group rose 3%.Intuitive Machines shares tumbled another 9% in overnight trading. The shares sank 22% on Friday amid uncertainty about the status of its Athena lander’s attempt to touch down on the surface of the moon.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}