Entering text into the input field will update the search result below

Chinese Internet stocks slump after inflation print triggers growth fears

Oct. 14, 2015 12:54 PM ETVipshop Holdings Limited (VIPS) StockBITA, XNET, VIPS, BTCM, ATHM, JMEI, JD, MFHBy: Eric Jhonsa, SA News Editor
  • A slew of Chinese Internet stocks are underperforming on a quiet day for equities after Beijing reported China's consumer price index rose 1.6% Y/Y in September (slightly less than an expected 1.8%) and its producer price index fell 5.9% (the biggest drop since the financial crisis), triggering fresh fears about slowing growth.
  • The Shanghai exchange fell a moderate 0.9% overnight. The Nasdaq is currently up 0.3%.
  • U.S.-traded names selling off include Vipshop (VIPS -3.5%), Bitauto (BITA -4.2%), Autohome (ATHM -3.9%), JD.com (JD -2.9%), Jumei (JMEI -8.7%), Autohome (ATHM -3.9%), Xunlei (XNET -3.6%), 500.com (WBAI -2.8%), and Wowo (WOWO -4.2%). JD has received a cautious note from 86 Research.

Recommended For You

More Trending News

About VIPS Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
VIPS--
Vipshop Holdings Limited