Shares of several Chinese companies are trading lower amid continued concerns over slow economic growth in the country. Also, China's Evergrande reported significant losses in its overdue 2021 and 2022 results.
Portfolio Pulse from Benzinga Newsdesk
Shares of several Chinese companies are trading lower due to concerns over slow economic growth in China. Additionally, China's Evergrande reported significant losses in its overdue 2021 and 2022 results.
July 18, 2023 | 6:41 pm
News sentiment analysis
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NEGATIVE IMPACT
Alibaba's shares are trading lower due to concerns over slow economic growth in China.
As a major Chinese company, Alibaba's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
BEKE's shares are trading lower due to concerns over slow economic growth in China.
As a Chinese company, BEKE's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
BILI's shares are trading lower due to concerns over slow economic growth in China.
As a Chinese company, BILI's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
HUYA's shares are trading lower due to concerns over slow economic growth in China.
As a Chinese company, HUYA's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
IQ's shares are trading lower due to concerns over slow economic growth in China.
As a Chinese company, IQ's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
JD.com's shares are trading lower due to concerns over slow economic growth in China.
As a major Chinese company, JD.com's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
LU's shares are trading lower due to concerns over slow economic growth in China.
As a Chinese company, LU's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
Pinduoduo's shares are trading lower due to concerns over slow economic growth in China.
As a major Chinese company, Pinduoduo's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
TAL Education's shares are trading lower due to concerns over slow economic growth in China.
As a Chinese company, TAL Education's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
Tencent Music's shares are trading lower due to concerns over slow economic growth in China.
As a major Chinese company, Tencent Music's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
Weibo's shares are trading lower due to concerns over slow economic growth in China.
As a Chinese company, Weibo's stock price is likely to be negatively impacted by the overall economic slowdown in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70