Hot Chinese ADRs Continued to Fly Higher in Morning Trading
Tiger Newspress2022-11-30
Hot Chinese ADRs climbed for a third day, adding to a record rally this month.
Alibaba jumped over 10%; XPeng surged nearly 40%; Nio rose over 24%; Baidu rose more than 8%.
The Nasdaq Golden Dragon China Index gained 6% Wednesday, putting the benchmark on pace for a 37% surge this month.
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