News Economie
Alibaba, NIO, Other Chinese Stocks On Watch Following Weak Economic Data: What To Know
Chinese stocks, including Alibaba and NIO, are trading lower following weak economic data from China, which showed slowing factory output, consumption, and investment. The jobless rate also rose unexpectedly, and home prices fell at the fastest pace in a decade, raising concerns about a potential deflationary spiral.
Benzinga •
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