Alibaba, Baidu, JD, Tencent And Other Chinese Stocks Tumble As Trump's Tariff Threats Renew US-China Trade Fears - Alibaba Gr Hldgs (NYSE:BABA)
Major Chinese technology and auto stocks tumbled on Monday as renewed trade hostilities between Washington and Beijing sent jitters across Asian markets. Hong Kong's Hang Seng index plunged 2.28%, and mainland China's CSI 300 saw a decline of 0.95%.Tech Companies Lead The Sell-OffLeading the sell-off were some of China’s most prominent companies. E-commerce giant Alibaba Group Holding Ltd.‘s (NYSE:BABA) Hong Kong-listed stock fell 3.87%, while search engine leader Baidu Inc. (NASDAQ:BIDU) saw its shares dro ...