US-Listed Chinese Stocks, ETFs Surge on New Stimulus Reports

Investopedia09-27

KEY TAKEAWAYS U.S.-listed Chinese companies from Alibaba to Temu parent PDD and China-focused ETFs surged Thursday following reports of more bailouts for the country's suffering economy.Bloomberg ...

Source Link

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

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470365750?lang=en_US&edition=fundamental","thumbnail":"https://www.investopedia.com/thmb/RbBtqzw6SU5pFxcvValABzw0iIg=/4000x2667/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-2168033581-4ea59dfc3ea847519af2aefe95aba5d7.jpg","is_english":true,"pubTime":"2024-09-27 00:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470365750","market":"fut","top_or_hot":-1,"title":"US-Listed Chinese Stocks, ETFs Surge on New Stimulus Reports","media":"Investopedia","content":"<div>\n<p>KEY TAKEAWAYS\nU.S.-listed Chinese companies from Alibaba to Temu parent PDD and China-focused ETFs surged Thursday following reports of more bailouts for the country's suffering economy.Bloomberg ...</p>\n\n<a href=\"https://www.investopedia.com/us-listed-chinese-stocks-etfs-surge-on-new-stimulus-reports-8718728\">Source Link</a>\n\n</div>\n","source":"investopedia_highlight","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>US-Listed Chinese Stocks, ETFs Surge on New Stimulus Reports</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\">\nUS-Listed Chinese Stocks, ETFs Surge on New Stimulus Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 00:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/us-listed-chinese-stocks-etfs-surge-on-new-stimulus-reports-8718728><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY TAKEAWAYS\nU.S.-listed Chinese companies from Alibaba to Temu parent PDD and China-focused ETFs surged Thursday following reports of more bailouts for the country's suffering economy.Bloomberg ...</p>\n\n<a href=\"https://www.investopedia.com/us-listed-chinese-stocks-etfs-surge-on-new-stimulus-reports-8718728\">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":"LU0320764599.SGD","symbol_name":"FTIF - Templeton China A Acc SGD","start_time":0,"source_url":"https://www.investopedia.com/us-listed-chinese-stocks-etfs-surge-on-new-stimulus-reports-8718728","article_id":"2470365750","we_media_id":null,"thumbnails":["https://www.investopedia.com/thmb/RbBtqzw6SU5pFxcvValABzw0iIg=/4000x2667/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-2168033581-4ea59dfc3ea847519af2aefe95aba5d7.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470365750","pubTimestamp":1727368249,"columns":[],"sourceInfo":{"source_id":"investopedia_highlight","name":"Investopedia"},"weMediaInfo":null,"summary":"U.S.-listed Chinese companies from Alibaba to Temu parent PDD and China-focused ETFs surged Thursday following reports of more bailouts for the country's suffering economy.Bloomberg reported that Beijing is planning to inject around $140 billion into its largest state lenders to prop up the economy.China's state-run Xinhua News Agency said the country's top leaders are pledging measures and fiscal spending to revive the housing market as well as the overall economy.Chinese shares listed in the U.S. shot up Thursday following reports that Beijing is planning more support measures and also pumping around $140 billion into its largest state lenders to prop up the country's struggling economy.According to Bloomberg, Beijing is considering injecting up to 1 trillion yuan  of capital into its biggest state banks to increase their capacity to shore up the economy, its first such move since the global financial crisis of 2008.China had announced plans to inject money into its state lenders whe","collect":0,"end_time":0,"defaultTopTitle":"investopedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0823038988.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) ACC","LU0370786039.SGD":"Fidelity Greater China A-SGD","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0823039010.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) INC","BABA":"阿里巴巴","09618":"京东集团-SW","BK4524":"宅经济概念","PDD":"拼多多","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","09988":"阿里巴巴-W","FXI":"中国大盘股ETF-iShares","BK4527":"明星科技股","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","NIO":"蔚来","MCHI":"中国ETF-iShares MSCI","BK4526":"热门中概股","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","IE0008368742.USD":"首域中国增长基金I Acc","BK4551":"寇图资本持仓","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0683595622.HKD":"AB SICAV I-EM.MKTS MUL.ASS.PTF(AD)","LI":"理想汽车","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0823397103.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) ACC","LU0737861772.HKD":"FIDELITY EMERGING ASIA \"A \" (HKD) ACC","LU0047713382.USD":"BGF EMERGING MARKETS \"A2\" ACC","HXC":"纳斯达克中国金龙指数","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK4563":"昨日强势股","LU0140636845.USD":"施罗德大中华区股票A Acc","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4548":"巴美列捷福持仓","LU0633140560.USD":"AB EMERGING MARKET MULTI ASSET PORTFOLIO \"A\" (USD) ACC","L":"洛斯公司","LU0328353924.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERGING MARKETS OPPORTUNITY (USD) \"P\" (USD) ACC","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","09866":"蔚来-SW","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0633140727.USD":"AB EMERGING MARKETS MULTI ASSET PORTFOLIO \"AD\" (USD) INC","BK4532":"文艺复兴科技持仓","LU0594300179.USD":"FIDELITY CHINA CONSUMER \"A\" (USD) ACC","JD":"京东","BK4531":"中概回港概念"},"translate_title":"在美国上市的中国股票和ETF因新的刺激报告而飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MCHI":1,"PDD":0.9,"HXC":0.8,"FXI":0.8,"JD":0.8,"BABA":0.8,"LI":0.7,"NIO":0.7,"EVS.SI":0.6,"09866":0.6,"09988":0.6,"L":0.6,"09618":0.6},"content_text":"KEY TAKEAWAYS\nU.S.-listed Chinese companies from Alibaba to Temu parent PDD and China-focused ETFs surged Thursday following reports of more bailouts for the country's suffering economy.Bloomberg reported that Beijing is planning to inject around $140 billion into its largest state lenders to prop up the economy.China's state-run Xinhua News Agency said the country's top leaders are pledging measures and fiscal spending to revive the housing market as well as the overall economy.\n Chinese shares listed in the U.S. shot up Thursday following reports that Beijing is planning more support measures and also pumping around $140 billion into its largest state lenders to prop up the country's struggling economy.\n\n\n According to Bloomberg, Beijing is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to shore up the economy, its first such move since the global financial crisis of 2008. \n\n\n China had announced plans to inject money into its state lenders when it laid out a massive monetary stimulus package to boost the economy on Tuesday—but was scant on details.\n\n\n Meanwhile, China's state-run Xinhua News Agency reported that top leaders are pledging to support fiscal spending and stabilize the country's struggling real estate sector.\n\n\n  Tepper's Buy 'Everything' Moment for China  \n Appaloosa Management founder David Tepper said on CNBC Thursday that following China's stimulus, he would buy \"everything\" in China. \"ETFs, I would do futures—everything. Everything,\" the famed hedge fund manager said.\n\n\n The Nasdaq Golden Dragon China index (HXC)—an index of 64 China-based companies traded in the U.S.—was up nearly 11% in early afternoon trading.\n\n\n China-focused exchange-traded funds (ETFs) also rose. The iShares MSCI China ETF (MCHI) jumped 8%, while the iShares China Large-Cap ETF (FXI) added 7%.\n\n\n U.S.-listed shares of Chinese companies were all on a tear. American depositary receipts (ADRs) of PDD Holdings (PDD), parent of online marketplace Temu, surged 13%, while its e-commerce rivals Alibaba Group Holding (BABA) and JD.com (JD) gained 10% and 14%, respectively. EV makers Li Auto (LI) added 8% and Nio (NIO) 6%.\n\nDo you have a news tip for Investopedia reporters? Please email us at\ntips@investopedia.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"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":"4.29.3","shortVersion":"4.29.3","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/2470365750"}