Shares of US-listed Chinese stocks are trading lower amid regional tension as China holds military drills near Taiwan. Investors may also be assessing the country's recent property support measures and recent US tariffs on some sectors.
Portfolio Pulse from Benzinga Newsdesk
Shares of US-listed Chinese stocks are trading lower due to regional tension from China's military drills near Taiwan. Investors are also considering recent property support measures and US tariffs on some sectors.
May 23, 2024 | 6:09 pm
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NEGATIVE IMPACT
Bilibili Inc. shares are trading lower due to regional tension from China's military drills near Taiwan and concerns over recent US tariffs.
The regional tension and US tariffs create uncertainty for Bilibili's operations and investor sentiment, leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
FLJ Group Ltd. shares are trading lower due to regional tension from China's military drills near Taiwan and concerns over recent US tariffs.
The regional tension and US tariffs create uncertainty for FLJ Group's operations and investor sentiment, leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MMTec, Inc. shares are trading lower due to regional tension from China's military drills near Taiwan and concerns over recent US tariffs.
The regional tension and US tariffs create uncertainty for MMTec's operations and investor sentiment, leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Yum China Holdings, Inc. shares are trading lower due to regional tension from China's military drills near Taiwan and concerns over recent US tariffs.
The regional tension and US tariffs create uncertainty for Yum China's operations and investor sentiment, leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80