US Stock Market Move | Hot Chinese concept stocks collectively fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 3%.

23:08 15/12/2025

On Monday, the Nasdaq Golden Dragon Index fell by more than 1%, with popular Chinese concept stocks tumbling overall. Niu Technologies (NIU.US) and Alibaba (BABA.US) both fell by over 3%.

On Monday, the Nasdaq Golden Dragon Index fell more than 1%, with popular Chinese concept stocks generally down. Niu Technologies Sponsored ADR Class A (NIU.US) and Alibaba Group Holding Limited Sponsored ADR (BABA.US) both fell more than 3%, while UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US) and Li Auto, Inc. Sponsored ADR Class A (LI.US) both fell more than 2%. XPeng, Inc. ADR Sponsored Class A (XPEV.US) and Sohu.com Limited Sponsored ADR (SOHU.US) both fell more than 1%.

HK Stock Market Move | Steel stocks across the board fell, with the steel industry implementing export license management. Institutions are optimistic about the long-term industry supply and demand turning for the better.

HK Stock Market Move | Technology stocks continue to probe lower, with Alibaba Group (09988) falling more than 4% and Tencent Holdings (00700) dropping nearly 2%.

Citigroup raises the target price of Jiangxi Copper (00358) to HK$39.8 as copper and gold prices are expected to increase, driving up gross profit.

HK Stock Market Move | Technology stocks continue to probe lower, with Alibaba Group (09988) falling more than 4% and Tencent Holdings (00700) dropping nearly 2%.

Citigroup raises the target price of Jiangxi Copper (00358) to HK$39.8 as copper and gold prices are expected to increase, driving up gross profit.