Hot Chinese ADRs Soared in Premarket Trading

Tiger Newspress2022-04-04

Hot Chinese ADRs soared in premarket trading. Alibaba, Pinduoduo, JD.com, NetEase, Baidu, Bilibili, iQIYI, DiDi, Nio, Xpeng and Li Auto climbed between 4% and 13%.

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Comments

  • KLC
    2022-04-06
    KLC
    Good !
  • SamHee
    2022-04-05
    SamHee
    👍
  • Jawslea
    2022-04-05
    Jawslea
    Good progress
  • LimLS
    2022-04-05
    LimLS
    Chinese authorities modified a decade long rule that restrict financial data sharing. So US regulators "may" have a chance to gain access to audit reports. Still early to tell how this will work out and if full access will eventually come. Also waiting for SEC reply on this since this is just a one sided announcement from the Chinese. Hopefully both parties can work out something.
  • JCai
    2022-04-05
    JCai
    K
  • JaiVenky
    2022-04-05
    JaiVenky
    Noise
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