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Hot Chinese stocks slide broadly, with Pony.ai and Pinduoduo leading losses

From:Internet Info Agency 2026-01-13 23:20:02

On Tuesday, most major U.S.-listed Chinese stocks declined. Shares of autonomous driving company Pony.ai plunged more than 6%, while e-commerce giant Pinduoduo fell over 5%. Additionally, Kingsoft Cloud and Baidu each dropped by about 4%, and NIO and Li Auto also slid more than 2% respectively. Overall market sentiment remained cautious, with the technology and new energy vehicle sectors under notable pressure.

Editor:NewsAssistant