US Stock Market Move | Popular Chinese concept stocks fell broadly, with VNET Group, Inc. Sponsored ADR (VNET.US) dropping nearly 3%.
On Thursday, the Nasdaq Golden Dragon China Index fell 1.15%, with popular Chinese concept stocks declining broadly, and VNET Group, Inc. Sponsored ADR (VNET.US) dropping 2.78%.
On Thursday, the Nasdaq Golden Dragon China Index fell 1.15%, with popular Chinese concept stocks declining broadly. VNET Group, Inc. Sponsored ADR (VNET.US) dropped 2.78%, Li Auto, Inc. Sponsored ADR Class A (LI.US) fell 1.81%, Bilibili, Inc. Sponsored ADR Class Z (BILI.US) declined 1.73%, and Alibaba Group Holding Limited Sponsored ADR (BABA.US) dropped 1.15%. The three major U.S. stock indices all fell during intraday trading. As of press time, the Dow Jones Industrial Average was down 0.37%, the Nasdaq was down 0.66%, and the S&P 500 Index was down 0.39%.
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