U.S.-listed Chinese companies traded lower on Tuesday, with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Shares of Li Auto and Baidu sank 5.64 percent and 4.6 percent, respectively, leading the slide in the top 10 stocks.
Shares of NIO and NetEase dropped 3.65 percent and 3.08 percent, respectively, also among the worst performers in the top 10 stocks.
Wall Street's major averages tumbled on Tuesday as Federal Reserve Chair Jerome Powell's tough talk on interest rates spooked investors.
