Why Alibaba, Li Auto, Baidu And Other Chinese Stocks Are Falling In Pre-Market - Alibaba Gr Hldgs ( NYSE:BABA ) , Baidu ( NASDAQ:BIDU )
Chinese stocks such as Alibaba Group Holdings Ltd. BABA and Li Auto Inc. LI witnessed a pre-market slump, a reaction to a notable fall in the Shanghai Composite Index. What Happened: The Shanghai Composite Index plunged by up to 0.6%, slipping below the crucial support level of 2,800.
| Ticker |
Sentiment |
Impact |
|
BABA
|
Somewhat Bearish
|
42 %
|
|
XPEV
|
Neutral
|
29 %
|
|
PDD
|
Neutral
|
29 %
|
|
BACHY
|
Somewhat Bearish
|
29 %
|
|
NIO
|
Neutral
|
29 %
|
|
BIDU
|
Neutral
|
29 %
|
|
IDCBY
|
Somewhat Bearish
|
15 %
|
|
LI
|
Somewhat Bearish
|
42 %
|
|
ACGBY
|
Somewhat Bearish
|
15 %
|
