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Chinese Stocks

All articles tagged with #chinese stocks

Chinese Tech Stocks Drop Amid Economic Concerns
business2 months ago

Chinese Tech Stocks Drop Amid Economic Concerns

Chinese stocks, including Alibaba, Baidu, and JD.com, fell sharply following disappointing economic data and a warning from President Xi Jinping against reckless growth and local government spending, suggesting potential limits on future stimulus measures despite weak economic indicators like slow retail sales and falling investment. The market decline reflects concerns over China's economic outlook amid Xi's emphasis on high-quality, sustainable development, with major indices and stocks experiencing notable drops.

world6 months ago

Asian Markets Decline Amid Tech Sell-Off and Economic Uncertainty

Asian stocks mostly remained flat or declined, with technology shares falling sharply due to weak U.S. and regional cues, including profit-taking and concerns over U.S. interest rate hikes. Japan's markets declined further from record highs amid disappointing trade data, while Chinese stocks gained on stable interest rates and positive trade prospects. The overall sentiment was influenced by global economic data, U.S.-China relations, and geopolitical developments.