Stock Track | iQiyi Soars 5.03% in Pre-Market on Renewed Bets for China Stimulus

Stock Track11-27

iQiyi Inc. (IQ) stock soared 5.03% in pre-market trading on Wednesday, as part of a broader rally in Chinese stocks and American Depositary Receipts (ADRs) on renewed investor optimism around potential economic stimulus measures from Beijing.

The rally saw several major Chinese companies gain, with JD.com (JD) and CHAU rising over 4%, Li Auto (LI), XPeng (XPEV), and NIO (NIO) advancing more than 3%, and Alibaba (BABA) and PDD gaining over 2%.

The surge was fueled by data showing a less sharp decline in industrial profits in October compared to September, as well as expectations that China's policymakers would implement further stimulus packages to counter risks from potential U.S. tariffs and shore up the slowing economy. Traders are betting that Beijing will roll out supportive policies to offset the impact of potential tariff hikes in 2025, which had been vowed by U.S. President-elect Donald Trump.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1115058101?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-27 17:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1115058101","market":"hk","top_or_hot":-1,"title":"Stock Track | iQiyi Soars 5.03% in Pre-Market on Renewed Bets for China Stimulus","media":"Stock Track","content":"<p>iQiyi Inc. (IQ) stock soared 5.03% in pre-market trading on Wednesday, as part of a broader rally in Chinese stocks and American Depositary Receipts (ADRs) on renewed investor optimism around potential economic stimulus measures from Beijing.</p>\n\n<p>The rally saw several major Chinese companies gain, with JD.com (JD) and CHAU rising over 4%, Li Auto (LI), XPeng (XPEV), and NIO (NIO) advancing more than 3%, and Alibaba (BABA) and PDD gaining over 2%.</p>\n\n<p>The surge was fueled by data showing a less sharp decline in industrial profits in October compared to September, as well as expectations that China's policymakers would implement further stimulus packages to counter risks from potential U.S. tariffs and shore up the slowing economy. Traders are betting that Beijing will roll out supportive policies to offset the impact of potential tariff hikes in 2025, which had been vowed by U.S. President-elect Donald Trump.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | iQiyi Soars 5.03% in Pre-Market on Renewed Bets for China Stimulus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | iQiyi Soars 5.03% in Pre-Market on Renewed Bets for China Stimulus\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-27 17:36 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>iQiyi Inc. (IQ) stock soared 5.03% in pre-market trading on Wednesday, as part of a broader rally in Chinese stocks and American Depositary Receipts (ADRs) on renewed investor optimism around ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IQ","symbol_name":"爱奇艺","start_time":0,"source_url":"","article_id":"1115058101","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1115058101","pubTimestamp":1732700188,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"iQiyi Inc.  stock soared 5.03% in pre-market trading on Wednesday, as part of a broader rally in Chinese stocks and American Depositary Receipts  on renewed investor optimism around potential economic stimulus measures from Beijing.The rally saw several major Chinese companies gain, with JD.com  and CHAU rising over 4%, Li Auto , XPeng , and NIO  advancing more than 3%, and Alibaba  and PDD gaining over 2%.The surge was fueled by data showing a less sharp decline in industrial profits in October","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IQ":"爱奇艺"},"translate_title":"股票赛道爱奇艺盘前飙升5.03%，因重新押注中国刺激措施","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IQ":1},"content_text":"iQiyi Inc. (IQ) stock soared 5.03% in pre-market trading on Wednesday, as part of a broader rally in Chinese stocks and American Depositary Receipts (ADRs) on renewed investor optimism around potential economic stimulus measures from Beijing.\nThe rally saw several major Chinese companies gain, with JD.com (JD) and CHAU rising over 4%, Li Auto (LI), XPeng (XPEV), and NIO (NIO) advancing more than 3%, and Alibaba (BABA) and PDD gaining over 2%.\nThe surge was fueled by data showing a less sharp decline in industrial profits in October compared to September, as well as expectations that China's policymakers would implement further stimulus packages to counter risks from potential U.S. tariffs and shore up the slowing economy. Traders are betting that Beijing will roll out supportive policies to offset the impact of potential tariff hikes in 2025, which had been vowed by U.S. President-elect Donald Trump.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1115058101"}