Why Yum China, GDS Holdings, and Other Chinese Stocks Got Thrashed on Tuesday

By Yahoo! Finance | Oct 15, 2024 at 06:10 PM EST

Chinese equities faced a significant decline in both U.S. and Chinese markets. U.S.-listed Chinese companies like Baidu, GDS Holdings, and Yum China Holdings experienced notable drops, attributing to concerns about the delay in implementing economic stimulus measures and slowing GDP growth in China.

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