ADRs Close Lower; XIAO-I Corp. Declines 39%

Dow Jones
Aug 27

This article was automatically generated by Dow Jones using technology from Automated Insights.

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts fell 0.4% to 276.09.

The European index fell 0.6% to 246.91. The Asian index fell 0.2% to 364.54. The Latin American index fell 0.6% to 270.51, while the emerging-markets index dropped 0.3% to 600.21.

XIAO-I Corp., based in China, posted the largest decline, plummeting 39% to 80 cents, followed by shares of China's Jianzhi Education Technology Group Co. Ltd., which plummeted 22% to $1.72. Shares of China-based Qfin Holdings Inc. tumbled 19% to $9.35.

Macau's CL Workshop Group Ltd. was the biggest leader during the session, rocketing 26% to 85 cents, and China-based Huize Holding Ltd. surged 20% to $1.76. Kanzhun Ltd., which is based in China, rounded out the top three leaders on Wednesday, with shares jumping 16% to $18.84.

Data source: Dow Jones Market Data, FactSet

 

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