Why Baidu, PDD Holdings, and JD.com Fell This Week

By Yahoo! Finance | Oct 17, 2024 at 05:20 PM EST

Chinese stocks faced a decline due to uncertainty over government stimulus and inflation direction. Baidu, PDD Holdings, and JD.com saw significant drops. Investors are cautious about the impact of U.S. interest rate cuts and potential trade tariffs amid the upcoming presidential election.

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