Chinese ADRs and ETFs Jump; YINN Rises 8%; Trip.com Rises 6%

Tiger Newspress10-04

Chinese ADRs and ETFs jumped in morning trading. YINN rose 8.7%; Trip.com rose 6%; JD.com rose over 3%; DRAG, iQiyi rose over 2%.

Short positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. haven’t changed dramatically in recent days, according S3 Partners and JPMorgan Chase & Co. If the bears were forced out of their bets, the rally could get further momentum.

“The sharp rally in Chinese ADRs over the past week has been mostly the result of fresh buying rather than short covering,” JPMorgan Chase & Co. strategists including Nikolaos Panigirtzoglou wrote in a note this week. “Short covering in individual stocks appears to have played only a modest role in the Chinese equity rally.”

The Hang Seng Tech Index, which tracks 30 Chinese tech companies listed in Hong Kong, has soared more than 45% in less than four weeks, including a record surge in the six days through Wednesday. Alibaba, JD.com and food-delivery company Meituan were among those that had some of their best trading days in years as investors swept up in a buying spree after the Chinese government announced measures to stimulate the troubled domestic economy. The tech gauge climbed on Friday for the seventh in eight days.

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jislandfund
10-04
jislandfund
Nice

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YINN rose 8.7%; Trip.com rose 6%; JD.com rose over 3%; DRAG, iQiyi rose over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/039cbd05ccafe2032ccb331343f02f92\" tg-width=\"480\" tg-height=\"705\"/></p><p style=\"text-align: start;\">Short positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. haven’t changed dramatically in recent days, according S3 Partners and JPMorgan Chase &amp; Co. If the bears were forced out of their bets, the rally could get further momentum.</p><p style=\"text-align: start;\">“The sharp rally in Chinese ADRs over the past week has been mostly the result of fresh buying rather than short covering,” JPMorgan Chase &amp; Co. strategists including Nikolaos Panigirtzoglou wrote in a note this week. “Short covering in individual stocks appears to have played only a modest role in the Chinese equity rally.”</p><p>The Hang Seng Tech Index, which tracks 30 Chinese tech companies listed in Hong Kong, has soared more than 45% in less than four weeks, including a record surge in the six days through Wednesday. Alibaba, JD.com and food-delivery company Meituan were among those that had some of their best trading days in years as investors swept up in a buying spree after the Chinese government announced measures to stimulate the troubled domestic economy. 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YINN rose 8.7%; Trip.com rose 6%; JD.com rose over 3%; DRAG, iQiyi rose over 2%.Short positions on American Depositary Receipts of major companies incl","content":"<html><head></head><body><p>Chinese ADRs and ETFs jumped in morning trading. YINN rose 8.7%; Trip.com rose 6%; JD.com rose over 3%; DRAG, iQiyi rose over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/039cbd05ccafe2032ccb331343f02f92\" tg-width=\"480\" tg-height=\"705\"/></p><p style=\"text-align: start;\">Short positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. haven’t changed dramatically in recent days, according S3 Partners and JPMorgan Chase &amp; Co. 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The tech gauge climbed on Friday for the seventh in eight days.</p></body></html>","collect":0,"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>Chinese ADRs and ETFs Jump; YINN Rises 8%; Trip.com Rises 6%</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\">\nChinese ADRs and ETFs Jump; YINN Rises 8%; Trip.com Rises 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-10-04 21:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese ADRs and ETFs jumped in morning trading. YINN rose 8.7%; Trip.com rose 6%; JD.com rose over 3%; DRAG, iQiyi rose over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/039cbd05ccafe2032ccb331343f02f92\" tg-width=\"480\" tg-height=\"705\"/></p><p style=\"text-align: start;\">Short positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. haven’t changed dramatically in recent days, according S3 Partners and JPMorgan Chase &amp; Co. If the bears were forced out of their bets, the rally could get further momentum.</p><p style=\"text-align: start;\">“The sharp rally in Chinese ADRs over the past week has been mostly the result of fresh buying rather than short covering,” JPMorgan Chase &amp; Co. strategists including Nikolaos Panigirtzoglou wrote in a note this week. “Short covering in individual stocks appears to have played only a modest role in the Chinese equity rally.”</p><p>The Hang Seng Tech Index, which tracks 30 Chinese tech companies listed in Hong Kong, has soared more than 45% in less than four weeks, including a record surge in the six days through Wednesday. Alibaba, JD.com and food-delivery company Meituan were among those that had some of their best trading days in years as investors swept up in a buying spree after the Chinese government announced measures to stimulate the troubled domestic economy. The tech gauge climbed on Friday for the seventh in eight days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DRAG":"中国龙ETF-Roundhill","NIO":"蔚来","JD":"京东","TCOM":"携程网","YINN":"三倍做多富时中国ETF-Direxion","BILI":"哔哩哔哩","NTES":"网易","TIGR":"老虎证券","PDD":"拼多多","BABA":"阿里巴巴","XPEV":"小鹏汽车","LI":"理想汽车","BIDU":"百度"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158306786","content_text":"Chinese ADRs and ETFs jumped in morning trading. YINN rose 8.7%; Trip.com rose 6%; JD.com rose over 3%; DRAG, iQiyi rose over 2%.Short positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. haven’t changed dramatically in recent days, according S3 Partners and JPMorgan Chase & Co. If the bears were forced out of their bets, the rally could get further momentum.“The sharp rally in Chinese ADRs over the past week has been mostly the result of fresh buying rather than short covering,” JPMorgan Chase & Co. strategists including Nikolaos Panigirtzoglou wrote in a note this week. “Short covering in individual stocks appears to have played only a modest role in the Chinese equity rally.”The Hang Seng Tech Index, which tracks 30 Chinese tech companies listed in Hong Kong, has soared more than 45% in less than four weeks, including a record surge in the six days through Wednesday. Alibaba, JD.com and food-delivery company Meituan were among those that had some of their best trading days in years as investors swept up in a buying spree after the Chinese government announced measures to stimulate the troubled domestic economy. 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