BUZZ-China ADRs climb amid signs of fresh stimulus talks

Reuters02-06

** U.S.-listed shares of Chinese companies jump in premarket trading on a slew of signs Chinese authorities are strengthening their resolve to support slumping markets

** Chinese blue-chips closed 3.5% higher, while shares in Hong Kong jumped 4%

** Bloomberg News reports President Xi Jinping is set to discuss China's stock market with financial regulators

** Separately, China's securities regulator unveils more curbs on short-selling and state fund Central Huijin says its expanding scope of investment in ETFs

** E-commerce firms Alibaba Group Holding , JD.com Inc and PDD Holdings advance between 4.3% and 5.7%

** Among gaming stocks, Bilibili surges 6.8% and NetEase up 5.3%; search engine giant Baidu adds 4.0%

** EV firms Li Auto , Nio and Xpeng gain between 5.6% and 8.1%

** Music streaming co Tencent Music Entertainment Group

and online video platform IQIYI rise 3.9% and 5.0%, respectively, while Social media co Weibo and live streaming platform Huya climb 3.5% and 3.7%, respectively

** Online education firms Gaotu Techedu , TAL Education Group and New Oriental Education & Technology Group up between 5% - 7.1%

** Online brokerages Futu Holdings and UP Fintech Holding gain 5.9% and 2%, respectively

** China ETFs such as IShares MSCI China ETF , China Large-Cap ETF and KraneShares CSI China Internet ETF

gain 3.6% - 4.7%

(Reporting by Shashwat Chauhan in Bengaluru)

((Shashwat.Chauhan@thomsonreuters.com;))

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