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

LB Select
2024.09.30 15:52

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%

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