US Stock Market Move | Hot Chinese concept stocks generally took a hit, with Alibaba Group Holding Limited Sponsored ADR (BABA.US) falling by more than 3%.
On Friday, the Nasdaq Golden Dragon Index fell by 1.45%, with popular Chinese concept stocks generally declining. Alibaba (BABA.US) dropped by more than 3%.
On Friday, the Nasdaq Golden Dragon Index fell by 1.45%, with popular Chinese concept stocks generally declining. UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US), Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US), Alibaba Group Holding Limited Sponsored ADR (BABA.US) all fell by more than 3%, Weibo Corp. Sponsored ADR Class A (WB.US) fell by 3%, Li Auto, Inc. Sponsored ADR Class A (LI.US) fell by over 2%, and XPeng, Inc. ADR Sponsored Class A (XPEV.US) fell by nearly 2%.
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