Hot Chinese ADRs Took off in Premarket Trading; Bilibili Surged Over 8% While iQiyi Rose Over 4%

Tiger Newspress2023-07-28

Hot Chinese ADRs took off in premarket trading; Bilibili Inc. surged over 8% while iQiyi Inc. rose over 4%.

While China has pledged support for private businesses, policymakers have stopped short of delivering a bazooka-style stimulus injection to revive its faltering economy. Instead, it is putting the onus on banks to help jumpstart the housing market by easing loan conditions and extending repayment for some struggling developers.

The Ministry of Housing and Urban-Rural Development said on Thursday that further property easing measures will be introduced, including lowering the down payment ratio and mortgage rates for first-time homebuyers and allowing tax rebates for home upgrades, state-run Xinhua News Agency reported.

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

liltexas
2023-07-30
liltexas
I want to learn more
Yinchee
2023-07-28
Yinchee
Share your opinion about this news…

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1157092231?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-28 16:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1157092231","market":"us","top_or_hot":-1,"title":"Hot Chinese ADRs Took off in Premarket Trading; Bilibili Surged Over 8% While iQiyi Rose Over 4%","media":"Tiger Newspress","content":"<html><head></head><body><p>Hot Chinese ADRs took off in premarket trading; <a href=\"https://laohu8.com/S/BILI\">Bilibili Inc.</a> surged over 8% while <a href=\"https://laohu8.com/S/IQ\">iQiyi Inc.</a> rose over 4%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f463dddb3c7fe8ad343ae4f656e7a77f\" tg-width=\"285\" tg-height=\"403\"/></p><p>While China has pledged support for private businesses, policymakers have stopped short of delivering a bazooka-style stimulus injection to revive its faltering economy. Instead, it is putting the onus on banks to help jumpstart the housing market by easing loan conditions and extending repayment for some struggling developers.</p><p>The Ministry of Housing and Urban-Rural Development said on Thursday that further property easing measures will be introduced, including lowering the down payment ratio and mortgage rates for first-time homebuyers and allowing tax rebates for home upgrades, state-run Xinhua News Agency reported.</p></body></html>","source":null,"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>Hot Chinese ADRs Took off in Premarket Trading; Bilibili Surged Over 8% While iQiyi Rose Over 4%</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\">\nHot Chinese ADRs Took off in Premarket Trading; Bilibili Surged Over 8% While iQiyi Rose Over 4%\n</h2>\n\n<h4 class=\"meta\">\n\n2023-07-28 16:10 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hot Chinese ADRs took off in premarket trading; Bilibili Inc. surged over 8% while iQiyi Inc. rose over 4%.While China has pledged support for private businesses, policymakers have stopped short of ...</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":"BILI","symbol_name":"哔哩哔哩","start_time":0,"source_url":"","article_id":"1157092231","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1157092231","pubTimestamp":1690531823,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Hot Chinese ADRs took off in premarket trading; $Bilibili Inc.$ surged over 8% while $iQiyi Inc.$ rose over 4%.While China has pledged support for private businesses, policymakers have stopped short of delivering a bazooka-style stimulus injection to revive its faltering economy. Instead, it is putting the onus on banks to help jumpstart the housing market by easing loan conditions and extending repayment for some struggling developers.The Ministry of Housing and Urban-Rural Development said on ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BILI":"哔哩哔哩","IQ":"爱奇艺"},"translate_title":"热门的中国美国存托凭证在盘前交易中起飞；哔哩哔哩飙升超过8%，而爱奇艺上涨超过4%","themeId":"b6251d276d524a92990b019863be720e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BILI":1.1,"IQ":1.1},"content_text":"Hot Chinese ADRs took off in premarket trading; Bilibili Inc. surged over 8% while iQiyi Inc. rose over 4%.While China has pledged support for private businesses, policymakers have stopped short of delivering a bazooka-style stimulus injection to revive its faltering economy. Instead, it is putting the onus on banks to help jumpstart the housing market by easing loan conditions and extending repayment for some struggling developers.The Ministry of Housing and Urban-Rural Development said on Thursday that further property easing measures will be introduced, including lowering the down payment ratio and mortgage rates for first-time homebuyers and allowing tax rebates for home upgrades, state-run Xinhua News Agency reported.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":203509801033896,"gmtCreate":1690714332838,"gmtModify":1690714336162,"author":{"id":"4150619638686852","authorId":"4150619638686852","name":"liltexas","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"I want to learn more&nbsp;","listText":"I want to learn more&nbsp;","text":"I want to learn more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/203509801033896","repostId":1157092231,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":202849377747184,"gmtCreate":1690533928432,"gmtModify":1690534517200,"author":{"id":"3586247449862091","authorId":"3586247449862091","name":"Yinchee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202849377747184","repostId":1157092231,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":11,"commentSize":0,"repostSize":1,"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":"4.23.1","shortVersion":"4.23.1","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/1157092231"}