Business
Chinese stocks like Alibaba haven’t reacted much to the Covid unrest. Not yet.

alibaba
JD.com
and more widely held Chinese shares fell lower on Monday – but they did not react as much amid some of the worst social unrest to hit China in decades. At least not yet.
alibaba
(ticker: BABA) fell 1.5% in premarket trading in the US on Monday, with fellow e-commerce
JD.com
Shares of (JD) fell 1%. Other US-listed Chinese stocks such as
Nio
(NIO) exhibits much of the same price action. Meanwhile, the futures contract tracks
S&P 500
Nasdaq
decreased by about 0.7%.