LB Select
2024.09.30 15:52

Chinese concept stocks plunged, PDD reversed and Alibaba JD.com almost wiped out all gains

Chinese concept stocks opened high and fell, Pinduoduo turned down, Alibaba and JD.com almost wiped out all gains, while XPeng Motors fell more than 3%.

The Nasdaq Golden Dragon Index narrowed its gains, dropping from a high of 7% to just 1.5% currently.

Hang Seng Index futures fell more than 2% in overnight trading, while Hang Seng Tech Index futures fell more than 4%