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Stock impact report

Alibaba and PDD Can't Catch a Break as Moody's Downgrades China Outlook [MarketWatch]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium Moody's says there are broad downside risks to China's fiscal, economic, and institutional strength Dreamstime Gloom continues to hang over Chinese stocks like Alibaba and PDD amid worries over an economic slowdown in the world's second-largest economy, with a downgrade to the outlook for Chinese government credit doing little to brighten the mood. Ratings firm Moody's Investors Service downgraded the outlook for Chinese government credit to negative from stable on Tuesday, while affirming China's A1 long-term local and foreign-currency issuer and senior unsecured ratings. There are broad downside risks to China's fiscal, economic, and institutional strength, said Moody's, as a result of rising evidence that the public sector will provide financial support to stressed local governments and state-owned enterprises. Advertisement “The outlook Show less Read more
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