China Tech Stocks Slide While U.S. Market Rises: Alibaba Sinks 5%, JD.com and PDD Drop 4%

China Tech Stocks Slide While U.S. Market Rises: Alibaba Sinks 5%, JD.com and PDD Drop 4%

The post China Tech Stocks Slide While U.S. Market Rises: Alibaba Sinks 5%, JD.com and PDD Drop 4% appeared first on 24/7 Wall St.. Selling in U.S.-listed Chinese internet stocks is landing hardest on the group’s biggest artificial intelligence spender, even as American large caps edge higher. Alibaba Group (NYSE:BABA) shares are down 5% to $103.67 in morning trading, a slide that puts the e-commerce and cloud giant at the front of the China tec…

Alibaba Drops 3% Against Broader Market Rally: AI Investments Clash with Technical Downtrend

Alibaba stock falls nearly 3% as technical selling pressure and Nvidia chip supply warnings overshadow its Qwen AI smart glasses and ecosystem expansion.

JD.com (NASDAQ:JD) Stock Falls 4.1% – Here’s Why

Shares of JD.com, Inc. (NASDAQ:JD – Get Free Report) dropped 4.1% during mid-day trading on Wednesday. The stock traded as low as $25.75 and last traded at $25.6530. 3,719,700 shares changed hands during trading, a decline of 59% from the average daily volume of 8,990,881 shares. The stock had previously closed at $26.76. Analyst Ratings […]