• SPX
  • $5,964.07
  • 0.59 %
  • $35.03
  • DJI
  • $43,745.37
  • 0.04 %
  • $15.44
  • N225
  • $39,381.41
  • -0.25 %
  • -$99.26
  • FTSE
  • $8,140.74
  • -0.32 %
  • -$25.94
  • IXIC
  • $19,228.24
  • 1.29 %
  • $244.78

Why Chinese Stocks PDD Holdings, Tencent, and Li Auto Fell Today

By Yahoo! Finance   |   Oct 15, 2024 at 02:20 PM EST
Why Chinese Stocks PDD Holdings, Tencent, and Li Auto Fell Today

Chinese stocks experienced a strong rally due to government stimulus plans, but are now dropping as investors doubt their effectiveness in reviving growth. Disappointing trade data and lack of details on fiscal stimulus are causing consumer stocks to pull back.

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