US-Listed Chinese Stocks Fall As ‘Dictator’ Comments And AI Caution Weigh

Chinese stocks listed on U.S. exchanges fell on Thursday in the aftermath of a pivotal summit between Presidents Joe Biden and Xi Jinping. Particularly galling for tech investors was the lack of any easing on tariffs for goods such as semiconductors and electric vehicle (EV) battery parts, and comments regarding the potential dangers of artificial intelligence (AI). Baidu (NASDAQ:BIDU), which specializes in tech products including AI, was down 3.7%.NIO (NYSE:NIO), the EV carmaker, fell 8.5%.Tech giant Alibaba (NYSE:BABA) was down more than 9% in afternoon trade, despite reporting market-beatin…

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