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Henry Khederian

THE TRUTH ABOUT: Why nio and alibaba shares are falling today - The Untold Story

BABA NIO Alibaba NYSE US Federal Reserve United States Nio Inc

Shares of Chinese stocks, including Nio Inc - ADR (NYSE:NIO) and Alibaba Group Holding Ltd - ADR (NYSE:BABA), are both trading lower amid continued overall weakness in global markets on US Fed policy tightening concerns.

Chinese growth stocks tradable on US exchanges, including e-commerce and EV names, continue to sell off in anticipation of Fed policy tightening in 2022. The technology industry has also been pressured by a recent rise in Treasury yields, together with Fed tapering concerns.

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