chinese stocks listed in the us are tumbling for a fifth day putting the nasdaq golden dragon china index on pace for its longest losing streak since april as investors assess the country’s bleak economic outlook and beijing’s persistent covidzero policy the golden dragon is down 28 at midsession on tuesday after plunging as much as 54 it has declined 15 in the past five sessions and is on track to close at its lowest level since march 15 when china announced a strong push to stabilize its markets and sparked a rally among largecap tech companies in the index alibaba group holding ltd lost 43 baidu inc dropped 54 pinduoduo inc slid 27 and jdcom inc slipped 23