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Benzinga

Business

Anusuya Lahiri

US-China Trade Fight Hits Chinese Tech Stocks

Li Nasdaq NYSE United States China BABA JD NIO PDD Alibaba

Flags,Of,Usa,And,China,Painted,On,Two,Fists,On

U.S.-listed shares of major Chinese corporations, including Alibaba Group Holding Ltd. (NYSE:BABA), Baidu Inc. (NASDAQ:BIDU), PDD Holdings Inc. (NASDAQ:PDD), JD.com Inc. (NASDAQ:JD), NIO Inc. (NYSE:NIO), Li Auto Inc. (NASDAQ:LI), and XPeng Inc. (NYSE:XPEV), slid on Friday amid escalating geopolitical tensions between Beijing and Washington.

This market downturn reflects a broader, ongoing friction that is fundamentally reshaping global trade flows.

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