
Why Yum China, GDS Holdings, and Other Chinese Stocks Got Thrashed on Tuesday
Hesitation in rolling out stimulus measures, plus profit taking, dampened enthusiasm for such titles. On Tuesday, the U.S. stock market experienced a slump, but that was nothing compared to the slide of Chinese equities. In exchanges on both sides of the Pacific Ocean, such titles suffered notable declines. U.S.-listed Chinese companies didn’t have a good…