US-listed Chinese stocks fall, on pace for fresh lows in 2023

The fall in Chinese stocks is spilling over into US trade, with an index of US-listed Chinese companies nearing a new 2023 low.

The Nasdaq Golden Dragon index was recently down more than 2%, according to FactSet. It is down around 12% in 2023, in line with the year’s lowest closing and intraday levels. Chinese stocks, meanwhile, are in a bear market.