Hot Chinese ADRs Dipped in Morning Trading<blockquote>热门中国 ADR 早盘交易中下跌</blockquote>
Hot Chinese ADRs dipped in morning trading.Alibaba,JD.com,Pinduoduo,Baidu,NetEase,Nio,Xpeng Motors,Li Auto,DiDi Global,Bilibili and iQIYI fell between 1% and 6%.
Nio is on watch with attractive buying opportunity called out by Deutsche Bank<blockquote>德意志银行提出了有吸引力的购买机会，蔚来受到关注</blockquote>
Niois a new addition to the fresh money list at Deutsche Bank on what it calls an attractive buying opportunity heading into the new year.Analyst Edison Yu: "With the stock having underperformed materially in recent months, we see a great entry point setting up for a pivotal 2022. Investor sentiment has been lackluster due to lack of new vehicles and supply chain constraints, and most recently, the heightened US delisting risk. We believe these headwinds can all reverse in the coming 12 months w
Grab debuts on Nasdaq, marking biggest Southeast Asia listing<blockquote>Grab 在纳斯达克首次亮相，成为东南亚最大的上市</blockquote>
$Grab$, Southeast Asia's biggest ride-hailing and food delivery firm,lists on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company $Altimeter Growth Corp$.The deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.Founded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a "superapp" aft