Chinese ADRs Drop With Baidu Down 5%, Alibaba Down 4%

TigerMay 14, 2026 1:49 PM

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Chinese ADRs dropped in morning trading. Direxion Daily FTSE China Bull 3X Shares fell 8%; Kingsoft Cloud fell 10%; Bilibili fell 7%; XPeng fell 6%; Baidu fell 5%; NIO, Alibaba, and Li Auto fell 4%; NetEase, PDD Holdings, and Trip.com fell 3%; JD.com fell 1%.

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