The Digital Source For China's Tech Innovation Since 2000

Search
Close

Nio, Alibaba lead losses for U.S.-listed stocks of Chinese companies after Didi delisting news

December 4, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
U.S.-listed shares of major Chinese companies, including electric-car maker Nio Inc. and e-commerce giant Alibaba Group Holding Inc., tanked on Friday following news that ride-sharing company Didi Global Inc. plans to delist from the New York Stock Exchange. American depositary receipts of Nio Inc. NIO, which earlier this week reported rising November sales, were off 12% in late trading Friday, poised to end the week off more than 20%. Li Auto Inc. LI, another Chinese EV maker that reported November sales this week, fell 16%, putting it on track for weekly losses of around 13%. Source: https://www.marketwatch.com/story/nio-alibaba-lead-losses-for-u-s-listed-stocks-of-chinese-companies-after-didi-delisting-news-11638560946?siteid=yhoof2&yptr=yahoo
Go To Original Source →
Tags: Alibaba | auto | car | Chinese | delist | delisting | Didi | e-commerce | electric vehicle | EV | Giant | IT | New York | New York Stock Exchange | news | NIO | online shopping | ride-sharing | Rising | sales | shares | stock | stock exchange | stocks | U.S.

Other Related News:

Chinese robotic dog maker Unitree distances itself from Russian report showing a mounted rocket launcher 'SCMP' News Summary (Hong Kong) BEAMSTART

August 17, 2022

Chinese e-commerce market set to overtake US in total customer spending

August 17, 2022

Photo Prints Market is booming Globally with Top key players-Ifolor, Orwo, Walmart Photo, CEWE, Amazon Prints, Fujifilm, Bay Photo Lab, District Photo, Albumprinter(Cimpress), Office Depot, Xiangshenghang, Pro Lab, Allcop, Process One Photo, China-Hongkong Photo, CVS Photo, Mpix, Kim Tian Colour, Vistek, Nations Photo Lab, Kallos Studio, Walgreens Photo

August 17, 2022

Beijing forces digital giants to reveal their algorithms

August 17, 2022

Chinese tech company reveals robot weeks before Tesla

August 17, 2022

Chinese power cuts to have ‘little impact’ on production: Hon Hai

August 17, 2022

Tencent looks overseas for video gaming growth as home market cools under tech crackdown 'SCMP' News Summary (Hong Kong) BEAMSTART

August 17, 2022

Tencent looks overseas for video gaming growth as home market cools under tech crackdown

August 17, 2022

[Doujinshi] [Camrism (Kito Sakeru)] Kusozako Manko Kyaru-chan to Kusozako Chinpo Kishi-kun ? ? (Princess Connect! Re:Dive) [Chinese] [?] [Digital]

August 17, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....