Alibaba, Nio, JD.Com And Other US-Listed China Stocks Tumble As Investors Await Clarity On Fiscal Stimulus Plan – Alibaba Gr Hldgs (NYSE:BABA), JD.com (NASDAQ:JD)
China’s stock market faced a significant decline on Tuesday, even as broader Asia-Pacific markets experienced gains. This downturn occurred in the wake of record highs on Wall Street, where the Dow Jones Industrial Average and the S&P 500 reached new peaks. What Happened: Several Chinese companies saw notable declines. Nio Inc – ADR NIO fell…