Why Alibaba, JD.com, and TAL Education Group Are Falling Today
Major Chinese stocks trading on U.S. exchanges continued struggling today amid important sectorwide news and the beginning of earnings season. Shares of Chinese e-commerce specialists Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) were down roughly 8.5% and 5.5%, respectively, as of 9:52 a.m. ET. Meanwhile, shares of the online tutoring company TAL Education Group (NYSE: TAL) had fallen almost 9%.