Chinese ADRs Jump With Li Auto up 7%, NIO up 6%, Alibaba up 4%

Tiger Newspress
Yesterday

Chinese ADRs jumped in morning trading. Direxion Daily FTSE China Bull 3X Shares and Li Auto rose 7%; Kingsoft Cloud and NIO rose 6%; Tencent Music and Bilibili rose 5%; Alibaba, NetEase, and XPeng rose 4%; PDD Holdings, iQiyi, and Trip.com rose 3%; Baidu rose 2%.

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