---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293069740.md"
description: "Shares of U.S.-listed Chinese companies are trading lower amid market liquidity concerns due to CXMT's IPO on Shanghai's STAR Market exchange. Other risk-off catalysts include threats from Moonshot AI's Kimi 3 model, a strong CNY rate fix by the PBOC and new a consumption tax on some previously exempted lithium battery products."
datetime: "2026-07-17T18:06:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293069740.md)
  - [en](https://longbridge.com/en/news/293069740.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293069740.md)
generator: "portal-rs"
---

# 

Shares of U.S.-listed Chinese companies are trading lower amid market liquidity concerns due to CXMT's IPO on Shanghai's STAR Market exchange. Other risk-off catalysts include threats from Moonshot AI's Kimi 3 model, a strong CNY rate fix by the PBOC and new a consumption tax on some previously exempted lithium battery products.

### Related Stocks

- [159608.CN](https://longbridge.com/en/quote/159608.CN.md)
- [516650.CN](https://longbridge.com/en/quote/516650.CN.md)
- [159880.CN](https://longbridge.com/en/quote/159880.CN.md)
- [561330.CN](https://longbridge.com/en/quote/561330.CN.md)
- [159876.CN](https://longbridge.com/en/quote/159876.CN.md)
- [512400.CN](https://longbridge.com/en/quote/512400.CN.md)

## Related News & Research

- [METALS-Shanghai copper edges lower as rate fears offset supply support](https://longbridge.com/en/news/297460792.md)
- [METALS-Copper recovers from early losses while closing higher in Shanghai, despite rising inventories](https://longbridge.com/en/news/296754394.md)
- [The Bot Now Clicks Buy: Your AI Is About To Start Spending Your Money](https://longbridge.com/en/news/297424265.md)
- [Regal Partners Sells Down Stake, Ceases to Be Substantial Holder in Patagonia Lithium](https://longbridge.com/en/news/297477180.md)
- [Hollywood celebs are getting into microdrama apps](https://longbridge.com/en/news/297406219.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**