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BUZZ-China ADRs continue their rally on stimulus measures

Reuters10-02

** U.S.-listed shares of Chinese companies jump premarket as investors cheer Beijing's recent stimulus measures

** E-commerce firms gain: Alibaba Group Holding up 3.7%, JD.com rises 9%, PDD Holdings advances 4.8%

** EV firms Li Auto up 7.5%, Nio jumps 6.7% and Xpeng gains 8.1%

** Gaming stock Bilibili up 11.9%, search engine giant Baidu adds 6%, online video platform iQIYI rises 8.3%

** Online brokerages Futu Holdings and UP Fintech Holding climb 12.7% and 20.2%, respectively

** Online education firm Gaotu Techedu jumps 10.1% and TAL Education Group up 6.8%, while social media co Weibo gains 6.1%

** Chinese ETFs such as iShares MSCI China ETF up 5.7%, KraneShares CSI China ETF up 6.4% and iShares China Large-Cap ETF up 6%

(Reporting by Nikhil Sharma in Bengaluru)

((Nikhil.Sharma@thomsonreuters.com;))

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