Tariff Fallout: Chinese Tech Stocks Plunge on Wall Street

Group 1: Market Overview - U.S.-listed shares of Chinese companies are experiencing significant declines due to rising investor anxiety over new tariffs, particularly after President Trump threatened additional levies if Beijing does not retract its retaliatory duties [1] - Major companies such as Alibaba, JD.com, and PDD Holdings are all trading sharply lower, raising concerns about the impact of escalating trade tensions on cross-border business and consumer demand [1] Group 2: Alibaba Group - Alibaba Group's stock has decreased by 11.2% to $103.45, marking its third consecutive weekly loss and a total decline of 25.9$100 [2] Group 3: JD.com - JD.com’s stock is down 8.6% to $33.61, with a total loss of 31.7$34, a level not breached since mid-January [3] Group 4: PDD Holdings - PDD Holdings' stock has fallen 6.8% to $97.17, heading for its eighth loss in the past 10 sessions and dropping below the$100 mark for the first time since early February [4] - Although shares are flat year-to-date, they have decreased by 16.5% over the last 12 months and are trading below all major short- and long-term moving averages, indicating broad technical weakness [4]