Hot Chinese ADRs jumped in premarket trading.
Bilibili rose nearly 7%; XPeng rose 4%; JD.com rose over 2%; Pinduoduo, NetEase, Nio, Li Auto, Alibaba rose over 1%.
Consumer prices increased 0.7 per cent from a year earlier in February, China’s statistics bureau said over the weekend, rising for the first time since August. Producer prices dropped 2.7 per cent, marking the 17th straight month of falls, it said.
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