Published on 12 Nov 2024 on Benzinga
U.S.-listed Chinese stocks Alibaba Group Holding. BABA, JD.com, Inc. (NASDAQ: JD), Baidu, Inc. BIDU, NIO Inc. (NYSE: NIO), Li Auto Inc. (NASDAQ: LI), and XPeng Inc. (NYSE: XPEV) continue a selloff on Tuesday as geopolitical tensions pose a dampener.
The Street remains disappointed with China’s fiscal stimulus. Donald Trump’s U.S. presidential election victory has also triggered concerns about higher tariffs for China.