Beijing Shares of Chinese companies with dual listings in the US and Hong Kong fell sharply on the Hong Kong Stock Exchange on Friday. Investors separated from the papers because they fear a forced delisting in the USA. The biggest losers included the e-commerce group JD.com (down 11.1 percent), the video service Bilibili (down 10.3 percent) and the travel platform Trip.com (down 9.1 percent).
Chinese tech stocks listed in the US had already lost significantly in value on Thursday. The Nasdaq Golden Dragon Index, which includes many US-China stocks, closed down 10 percent on Thursday. Here, too, video platform Bilibili and electric car maker Xpeng, whose shares are listed in both New York and Hong Kong, were among the biggest losers.
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