The Livermore China Stock Leader Index fell 3% to 9,107.42 on Thursday, with all major components posting steep losses. The selloff deepened as concerns over Chinese AI advances and a global semiconductor rout weighed on US-listed Chinese stocks.
Atrás
Livermore China stock index drops 3% as AI concerns hit ADRs
The Livermore China Stock Leader Index dropped 3% to 9,107.42 on Thursday as US-listed Chinese stocks sold off alongside a broader tech rout.
The decline tracked a 2% slide in the Nasdaq Composite, with traders pointing to concerns over Chinese AI advances and deepening losses in semiconductor stocks, according to market reports. The sell-off extended to Asia, where chip stocks fell after Taiwan Semiconductor Manufacturing Co. failed to impress investors with its latest results. Oil prices were set for a weekly gain, adding to the risk-off tone across markets.
Among the index's components, United Microelectronics Corp. tumbled 7.63%, Kingsoft Cloud Holdings Ltd. fell 7.06% and 21Vianet Group Inc. slid 6.41%. Bilibili Inc. dropped 5.89%, while autonomous driving company WeRide Inc. lost 5.85%. The selloff swept across semiconductor, cloud, internet and autonomous driving sectors, indicating broad-based rather than sector-specific pressure on Chinese ADRs.
The 3% decline in a single session shows the vulnerability of Chinese ADRs to shifts in US-China technology competition. The index now sits at its lowest level in recent weeks, with traders watching for further selling if concerns over AI-related trade restrictions escalate.
This article is for informational purposes only and does not constitute investment advice.
Características
© 2026 Edgen impulsado por