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U.S.- listed China shares are tumbling again with Alibaba down 10%

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China’s economic headwinds and slowing retail sales growth could weigh on Alibaba’s fiscal second quarter earnings when it reports numbers on Thursday.

Costfoto | Barcroft Media | Getty Images

Shares of Chinese stocks listed in the U.S. are falling Monday as investors reassess their positions amid renewed delisting fears.

Last week, the Securities and Exchange Commission identified five U.S.-listed American depositary receipts of Chinese companies that failed to comply with the Holding Foreign Companies Accountable Act, which led some Chinese companies’ stocks to fall. ADRs are shares of non-U.S. firms traded on U.S. exchanges.

The act allows the SEC to delist and even ban companies from…



Source cnbc.com

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