Alibaba, Tencent, and GDS Holdings Fell as Trump Ratchets Up Tariff Talk

Chinese stocks struggled today after President Donald Trump said additional tariffs on Chinese imports are slated to go into effect Tuesday. Hong Kong's Hang Seng Index fell 3.3%, suffering one of its worst days since mid October.Shares of Alibaba (BABA -2.91%) traded 2.7% lower as of 11:30 a.m. ET, while shares of Tencent (TCEHY -2.84%) traded 2.4% lower. Shares of GDS Holdings (GDS 0.40%) initially slid almost 8% in pre-market trading but had recouped most of those losses by 11: 30.Trump may be more serio ...