Chinese stocks dip as Evergrande fear persists

The Yahoo Finance panel discusses the continued drag going on amongst Chinese stocks as concerns over Evergrande’s impact continue to influence the market.

Video Transcript

- You know, you can also pay attention to those China ADRs, right? You can look at sort of large cap tech generally and what it's doing today. As we looked in the pre-market, those stocks were up around the same as in video less than 1%.

If you look at China ADRs And what we're seeing this morning in terms of some kind of rebound, we could see in the pre-market at least that they were also coming back kind of modestly here.

And keep in mind that the sell off in those companies didn't just happen yesterday. For weeks, we have seen Chinese companies listed in the US buffeted by a lot of different regulatory crackdowns on different sectors of the Chinese economy.

And so it's telling perhaps that they are also seeing a very modest bounce back in the case of Alibaba hardly any bounce back at all in today's session.