Shares of Chinese stocks are trading lower following weaker-than-expected July export data.
Portfolio Pulse from Bill Haddad
Chinese stocks are trading lower due to weaker-than-expected July export data. Stocks mentioned include Alibaba (BABA), KE Holdings (BEKE), Baidu (BIDU), JD.com (JD), and Pinduoduo (PDD).
August 08, 2023 | 3:13 pm
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NEGATIVE IMPACT
Alibaba's stock is trading lower due to disappointing July export data.
As a major Chinese company, Alibaba's stock is likely to be negatively impacted by weaker-than-expected export data.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
KE Holdings' stock is trading lower due to disappointing July export data.
As a major Chinese company, KE Holdings' stock is likely to be negatively impacted by weaker-than-expected export data.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Baidu's stock is trading lower due to disappointing July export data.
As a major Chinese company, Baidu's stock is likely to be negatively impacted by weaker-than-expected export data.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
JD.com's stock is trading lower due to disappointing July export data.
As a major Chinese company, JD.com's stock is likely to be negatively impacted by weaker-than-expected export data.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Pinduoduo's stock is trading lower due to disappointing July export data.
As a major Chinese company, Pinduoduo's stock is likely to be negatively impacted by weaker-than-expected export data.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100