Shares of Chinese stocks are trading lower in possible reaction to concerns over a COVID wave in China.
Portfolio Pulse from Benzinga Newsdesk
Chinese stocks are trading lower due to concerns over a potential COVID wave in China, affecting companies like BILI, JD, and KC.
May 25, 2023 | 3:54 pm
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NEGATIVE IMPACT
BILI's stock price is trading lower due to concerns over a potential COVID wave in China.
As a Chinese company, BILI's stock price is directly affected by concerns over a potential COVID wave in China, which could impact the overall market and economy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
JD's stock price is trading lower due to concerns over a potential COVID wave in China.
As a Chinese company, JD's stock price is directly affected by concerns over a potential COVID wave in China, which could impact the overall market and economy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
KC's stock price is trading lower due to concerns over a potential COVID wave in China.
As a Chinese company, KC's stock price is directly affected by concerns over a potential COVID wave in China, which could impact the overall market and economy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100