Tiger Newspress2022-04-29
Hot chinese ADRs jumped in morning trading. Alibaba, Pinduoduo, JD.com, Netease, Baidu, Bilibili, DiDi, Nio, Xpeng Motors and Li Auto climbed between 6% and 17%.
China says it step up policy support to stabilise the economy, including its embattled internet platforms, lifting markets.
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