US Stock Market Move | Hot Chinese concept stocks mostly fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) dropped more than 3%.

date
22:51 29/12/2025
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GMT Eight
On Monday, the Nasdaq Golden Dragon Index fell more than 1%, popular Chinese concept stocks generally fell, and Alibaba (BABA.US) fell more than 3%.
On Monday, the Nasdaq Golden Dragon Index fell more than 1%, with popular Chinese concept stocks generally declining. Alibaba Group Holding Limited Sponsored ADR (BABA.US) dropped more than 3%, XPeng, Inc. ADR Sponsored Class A (XPEV.US) and Li Auto, Inc. Sponsored ADR Class A (LI.US) fell more than 2%, Niu Technologies Sponsored ADR Class A (NIU.US) dropped 2%, and Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) dropped nearly 2%.