Why Are US-Listed Chinese Stocks Falling On Wednesday?

U.S.-listed Chinese companies Alibaba Group Holding (NYSE:BABA), PDD Holdings Inc (NASDAQ:PDD), Baidu, Inc (NASDAQ:BIDU), NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV) are trading lower Wednesday. President Donald Trump’s administration revealed on Tuesday a fact sheet…